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Denmark is considering measures against Russia's tanker “shadow fleet”

Natasha Kumar By Natasha Kumar Jun18,2024

Denmark is considering measures against Russia's tanker

Photo: Lars Lokke Rasmussen

Denmark is considering the possibility of limiting the so-called “shadow fleet” tankers carrying Russian oil through the Baltic Sea, Danish Foreign Minister Lars Lokke Rasmussen said on Monday, reports Reuters.

Russia sends about a third of its seaborne oil exports through the Danish straits, which are the gateway to the Baltic Sea, or 1.5% of global supplies, so any attempt to cut off supplies could lead to higher oil prices and hit the Kremlin's finances.

Since Western countries have capped prices for Russian oil, Moscow has been using tankers based and insured in other regions of the world.

Denmark has initiated the creation of a group of countries to evaluate measures aimed at the “shadow fleet,” Rasmussen told Reuters in an emailed statement.
< br /> "There is broad consensus that the "shadow fleet" – this is an international problem and that (here) international solutions are required– Rasmussen pointed out. – It is important that any new measures can be implemented and that they are… justified from the point of view of international law.”.

As the minister clarified, other EU countries are also participating in the negotiations. p>

Prepared by: Sergey Daga

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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