Three tankers with Russian Sokol oil that had been stranded at sea due to payment problems and Western sanctions have started to move towards China and India, data from Kpler and LSEG showed on Monday.
The backlog of Sokol tankers has become the biggest disruptions to Russia’s oil trade since the West imposed sanctions on Moscow over its military actions in Ukraine.
More than 10 million barrels of Sokol have been floating in seaborne storage over the past three months due to payment difficulties and Western sanctions on shipping firms and vessels carrying the crude.
