🚨🚨 Nearly 1,100 #tankers operated in Russia’s crude oil and petroleum products trade since price caps were imposed by the Group of Seven (#G7) countries and their allies on Moscow’s #oil and #petroleum products from December 5, 2022 and February 5, 2023, respectively, as per an analysis of ship tracking data till November 15 by #energy cargo tracker Vortexa. 🇮🇳 🇷🇺 Given #India’s newfound status as the biggest destination of Russian #crude following #Moscow’s February 2022 invasion of #Ukraine, a sizeable number of these 'opaque tankers' would have been involved in transporting oil from Russia to Indian #refiners. 🚢 🛢 A large number of #opaque fleet tankers have complex and obscure ownership structures and are registered in geographies with lax regulatory oversight. Often, such vessels, which are usually quite old, operate with substandard insurance and certifications. More in the story. The Indian Express #OOTT #oilandgas #shippingindustry #shipping #India #Russia #RussianOil #shadowfleet #opaqueoilmarkets https://lnkd.in/ddu3kgMp