European bunker markets feel the heat of Russian sanctions

Bunker market participants across Europe have turned cautious about sourcing fuel from Russia following its military invasion of Ukraine end-February, with many anticipating tightened supply and higher bunker prices in the wake of sanctions against Russia. While the oil trade with Russia is mostly not subject to sanctions for now, some Russian banks have been …

The post European bunker markets feel the heat of Russian sanctions first appeared on Hellenic Shipping News Worldwide.

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