November 6, 2025
Tanker Freight Rates Hit Five-Year High Amid Russian Oil Sanctions Shake-Out
Russian Crude Faces Mounting Sanctions Pressure At least two blacklisted tankers carrying 1.4 million barrels of Russian crude are tracked at anchor outside the port of Mundra, India, in the first signs that fresh Western sanctions on Rosneft and Lukoil are curbing exports. Sierra Leone-flagged Kusto (IMO 9308833) and Ailana (IMO 9232888) have been waiting...