Trump admin’s sanctions may leave 48 million barrels of Russian oil stranded at sea
US sanctions on Russian oil companies, which are set to take effect on Friday, may leave nearly 48 million barrels of crude oil stranded at sea, prompting dozens of tankers to seek alternative destinations, according to a report by Bloomberg.
Last month, the Trump administration’s decision to blacklist major oil firms Rosneft PJSC and Lukoil PJSC marked perhaps its most assertive action against Russia, as the US President seeks to increase pressure on the Kremlin regarding the conflict in Ukraine.
