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Oil tanker traffic jam threatens diploma

$5/hr Starting at $25

British officials were last night locked in talks with counterparts in Ankara as a traffic jam of Western oil tankers stuck in Turkish waters threatened to escalate into a diplomatic row.                                                                

Demands for additional paperwork from vessels have left nearly two dozen crude oil tankers stuck in the region. All are seeking passage to Russia’s Black Sea ports via the Turkish Straits. 


Ships have been held up by demands for extra paperwork that shows insurers are covering the vessel. Authorities are demanding the additional documentation after the imposition of a Western cap on Russian oil on Monday.  

A $60 per barrel price cap imposed by the G7, Australia and the EU on Russian seaborne crude oil marks the latest measures to punish Moscow over its invasion of Ukraine.

Since the price cap came in, Ankara has asked ships for additional paperwork in order to secure passage through its waters.                                                                                                                                     

it is understood that Turkish officials have accepted letters of confirmation from Russian insurers, but it is tankers with cover from Western insurers that are being held up.

Representatives of the industry in London said Turkey’s demands were excessive and amounted to demands that insurers agree to cover sanctions breaking.

The blockage risks developing into a diplomatic spat between Turkey and its western allies. The backdrop is continued close relations between Turkish president Recep Tayyip Erdogan and the Kremlin despite the conflict in Ukraine.




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British officials were last night locked in talks with counterparts in Ankara as a traffic jam of Western oil tankers stuck in Turkish waters threatened to escalate into a diplomatic row.                                                                

Demands for additional paperwork from vessels have left nearly two dozen crude oil tankers stuck in the region. All are seeking passage to Russia’s Black Sea ports via the Turkish Straits. 


Ships have been held up by demands for extra paperwork that shows insurers are covering the vessel. Authorities are demanding the additional documentation after the imposition of a Western cap on Russian oil on Monday.  

A $60 per barrel price cap imposed by the G7, Australia and the EU on Russian seaborne crude oil marks the latest measures to punish Moscow over its invasion of Ukraine.

Since the price cap came in, Ankara has asked ships for additional paperwork in order to secure passage through its waters.                                                                                                                                     

it is understood that Turkish officials have accepted letters of confirmation from Russian insurers, but it is tankers with cover from Western insurers that are being held up.

Representatives of the industry in London said Turkey’s demands were excessive and amounted to demands that insurers agree to cover sanctions breaking.

The blockage risks developing into a diplomatic spat between Turkey and its western allies. The backdrop is continued close relations between Turkish president Recep Tayyip Erdogan and the Kremlin despite the conflict in Ukraine.




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Advertising CopyDirect MarketingHeadline WritersOil and Gas IndustrySales LettersTagline

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