Russia ships carrying sanctioned oil get ‘younger’ amid India, China’s hard view on rusty fleet

An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of using the world’s oldest and most dangerous vessels.Shortly after Putin’s invasion of Ukraine early last year, hundreds of aging tankers were snapped up by a cohort of faceless traders, intermediaries and investors to keep Russian oil flowing. By some estimates, the purchases created a more than 900-strong dark fleet.
Uncategorized