Geopolitical Risks

Russian Oil Tankers Cleave to Turkish Coast to Cut Drone Risks

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Oil tankers hauling Russian crude across the Black Sea are taking a roundabout route along the coastlines of Georgia and Turkey — a measure that might help them to reduce the risk of being targeted by Ukrainian sea drones. Vessel tracking data compiled by Bloomberg shows at least two tankers that recently loaded cargoes at … Read more

Putin Warns of Possible Strikes on Ukrainian Allies’ Ships

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Vladimir Putin warned that Russia may consider striking the ships of countries supporting Ukraine if a surge in attacks on Moscow’s tanker fleet doesn’t halt.”What the Ukrainian armed forces are doing now is piracy,” Putin told reporters in Moscow, in comments broadcast by the state-run Rossiya 24 TV channel. There’s been a surge in attacks … Read more