Sanctions Work! Russia's Oil Empire Crumbles | The Gaze

#thegaze #RussiaOilCrisis #SanctionsImpact Three Greek companies are pulling out of the Russian oil trade. These firms own a fleet of more than a hundred tankers and are capable of handling all the oil from the federation's western ports, Reuters reported, citing traders. They have been transporting Russian oil for decades and continued to do so until October 2023. Moscow is having trouble finding tankers after the U.S. imposed sanctions on shipowners who transported Russian oil at prices above $60 a barrel. How sanctions continue to weaken Russia's positions - in our news story.