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Limiting Russian oil prices: Western insurers expressed concern

Western insurance companies have been concerned about the effectiveness of Russian oil prices that were introduced by G7. According to them, these restrictions did not reach the expected result, but on the contrary, only contributed to the growth of the shadow market of oil transportation and the activation of the Russian fleet. About it reports Reuters with reference to a letter from Western insurers.

According to them, these restrictions only increased the shadow market of oil transportation and the Russian fleet.

The statement of the international group of P&I clubs was read at a parliamentary hearings in the UK. They say that they cover 87% of the ocean tonnage.

"Oil price limits are becoming more and more impossible as more and more related services and related services are moving into this parallel trade.

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