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Sanctions test looms for shipowners as Urals crude price exceeds G7 cap

Greek-owned tankers comprise nearly half the ships that are shipping Urals crude in a lucrative price cap-compliant trade

Risk and compliance concerns amplify for Russia’s Baltic and Black Sea oil trades as the price of crude surpasses the $60 per barrel cap for the first time since Western sanctions were imposed on December 5 of the past year 

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