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Russia struggles to sell Pacific oil, 14 tankers stuck

Jan 26, 2024

Reuters exclusively reported that more than a dozen tankers loaded with 10 million barrels of Russia’s Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to U.S. sanctions and payment issues, according to two traders and shipping data. 

The post Russia struggles to sell Pacific oil, 14 tankers stuck appeared first on Reuters News Agency.