• 11/13/2024

Cost of Russian oil shipments to China, India down 1.4-fold year-to-date

Disclaimer: TASS is Russian government propaganda, and not a reliable news source.

It is noted that a sharp rise in freight rates in early 2023 was related to the embargo on Russian oil imports and the ‘price ceiling’ imposed by EU countries in December 2022

https://tass.com/economy/1648607