Russia's Oil Exports Face Delays as Tankers Take 70% Longer Route
Market Intelligence Analysis
AI-PoweredRussian oil exports are facing delays due to increased security risks in the Black Sea, causing tankers to take longer routes to avoid drone attacks from Ukraine.
Market impact analysis based on bearish sentiment with 74% confidence.
Article Context
Oil tankers carrying Russian oil appear to be avoiding the fastest Black Sea route to the Turkish straits and travel along the Georgian and Turkish coasts to avoid drone attacks from Ukraine, according to ship-tracking data compiled by Bloomberg. In recent weeks, several ships linked to Russia have been hit by Ukrainian drones in the Black Sea. All targeted vessels were empty at the time of the strikes. At least two tankers that have loaded oil from Novorossiysk, the Russian port on the Black Sea, have recently traveled along…
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