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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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Best Swing Trading Stocks Exclusive Stock Tips For Members ✌️【Resume】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. 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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Best Swing Trading Stocks Exclusive Stock Tips For Members ✌️【Resume】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. The West has grown increasingly alarmed by Russia’s dependence on this aging fleet, which has wreaked environmental havoc in the Black Sea and implicated in damage to vital undersea cables off the Baltic coast.
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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Best Swing Trading Stocks Exclusive Stock Tips For Members ✌️【Resume】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. The sanctions target nearly 200 oil-carrying vessels, many thought to be part of the fleet. A senior administration official said: “We expect our actions to cost Russia upwards of billions of dollars per month.”
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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