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BLS Infotech Limited (531175) ✌️【Long-term Investment】✌️ Free real-time market data to help you quickly recover and avoid losses. The Eventin tanker, carrying nearly 100,000 tons of oil thought to be from Russia, lost power near the German island of Rügen on Friday, Germany’s Central Command for Maritime Emergencies (CCME) said. By Saturday, three tugboats were still working to tow the 274-meter-long Panamanian-flagged tanker to safety.

BLS Infotech Limited (531175) ✌️【Long-term Investment】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. The Eventin departed from Russia and was headed for Egypt, according to MarineTraffic, a monitoring group.

CCME said the tugboat convoy was working to tow the Eventin to Sassnitz, a port on Rügen, but that the stormy conditions were “slowing the towing process considerably.”

German Foreign Minister Annalena Baerbock said the “decrepit” oil tanker was another example of the danger Russia poses to European security.

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BLS Infotech Limited (531175) ✌️【Long-term Investment】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. Since Western countries sanctioned Russia’s oil exports, the Kremlin has relied on old, sometimes Soviet-era tankers – known as its “shadow fleet” – to transport oil to buyers across the world.

“With the unscrupulous use of a fleet of rusting tankers, (Russian President Vladimir) Putin not only circumvents sanctions but also deliberately accepts the risk of halting tourism in the Baltic Sea region,” Baerbock said Friday.

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In December, two Russian tankers werewreckedoff the coast of occupied Crimea, spilling thousands of tons of fuel into the Black Sea. Ukrainian President Volodymyr Zelensky said the ships – nearly 50 years old – “shouldn’t have been in operation at all.”

Later in December,Finnishauthorities seized a tanker traveling from Russia, on suspicion it had used its anchor to damage an undersea power cable connecting Finland and Estonia.

German authorities said no oil leaks had been detected after the Eventin lost power on Friday, but warned of strong winds and waves of up to 2.5 meters(over 8 feet).

“Every day, Russia bombards Ukraine, and it finances its missiles, strike drones, and guided bombs, in part, with profits from its tanker fleet. Russia jeopardizes the environment solely to sustain its ability to kill people,” he said Friday.

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In December 2022, the Group of Seven (G7) nationscappedthe price of Russian oil at $60 per barrel. The cap was designed to be enforced by companies that provide shipping, insurance and other services for Russian oil. If a buyer agreed to pay more than the cap, the companies would withhold their services.

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