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Thursday, December 8, 2022

Millions of Barrels of Oil Stuck Near Turkey on Sanctions-Related Insurance Glitch

A backlog of oil tankers at the Turkish straits continues to build up as negotiations failed to produce a solution to an insurance glitch caused by sanctions on Russian crude. Twenty-six tankers holding more than 23 million barrels of oil …

from News Archives - Insurance Journal https://ift.tt/wvnfRWx
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