Russian Oil Freight Rates to India Ease Further, Proposed EU Curbs May Reverse Trend

Russian oil freight rates to India ease further, proposed EU curbs may reverse trend

EU proposes new sanctions on Russia, lowering G7 oil price cap to $45/barrel, impacting Russian crude shipping rates.

Baltic-India Russian oil freight rates fall but may rebound on EU sanctions - India Seatrade News

Freight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early June, thanks to high tanker availability, but the trend may reverse if Europe’s proposed lower price cap comes to fruition. The European Union has put forward a new sanction package against Russia over Ukraine and proposed to lower the Group of Seven nations’ price cap on Russian crude oil to $45 a barrel from $60 a barrel. T…

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

IFreight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early June, thanks to high tanker availability…

Easing Russian oil freight costs to India could reverse with proposed EU curbs

Freight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early June, thanks to high tanker availability