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Western insurers cover two thirds of Russia’s Baltic and Black Sea oil exports

Sanctions drive super-charged profits for Greek shipowners willing to call at Russia and whose tankers comprise nearly 50% of all tonnage tracked calling at five key export ports over May

Greek shipowners and insurers have limited presence on Russia’s eastern seaboard where oil is selling above the Western price cap, driving trade bifurcation and rise of dark fleet of anonymously owned, vintage tankers

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