The implementation of a price cap covering Russian-origin crude oil on 5th December has raised a variety of questions regarding its implications; how it will affect trading, will India and China’s appetite for Russian crude continue, what it means to overall vessel risk in regards to compliance and could we see an increase in suspicious Russian shipping activity similar to Iran and Venezuela’s sanctions evasion tactics.
Please join S&P Global Market Intelligence experts for a series of discussions on what the price cap means for your business and an understanding of the likely scenarios we will see in the coming months as a result of U.S. and EU action in this space.
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