- Feb 10, 2021
- Reaction score
- Political Leaning
Flotilla Of 12 Tankers Carrying Russian Oil Approaching The USTells you everything you need to know about so called sanctions effectiveness and US deceit and dishonesty .
WEDNESDAY, MAR 16, 2022 - 10:00 PM
At a time when the mere thought of Russian vodka or caviar, let alone oil or gas, prompts uncontrollable shaking and revulsion, Reuters reports that no less than 12 tankers carrying Russia-linked cargoes of crude and refined products were approaching the United States on Wednesday, as suppliers rushed to deliver ahead of the U.S. government’s deadline to wind down Russian energy purchases, data from traders and Refinitiv Eikon showed.
While the US recently banned Russian energy product imports due to the invasion of Ukraine, Washington’s ban gives importers a 45-day window until April 22 to discharge cargoes moving under pre-ban contracts. At least one tanker heading to the United States and carrying fuel oil has diverted, and at least two others that stopped at Russian terminals are awaiting discharge at U.S. ports.
Despite the ban, Vortexa data analyzed by energy strategist Clay Seigle showed that U.S. crude and products arrivals from Russia are provisionally forecast at 18 million barrels, or 597,000 barrels per day (bpd) on average this month. That compared with an average of 672,000 bpd last year. “U.S. importers need to consider not only the legal risk, but also the reputational risk for dealing in sanctioned or stigmatized oil products,” Seigle added.
See Zero Hedge today using provided Reuters information. And with Reuters a full CIA asset you know the strength of the story .