Known insurance for Russia-trading tankers plunges to fresh low in June
Two-thirds of tankers, measured by deadweight, were not insured by the International Group of 12 P&I clubs that provides coverage for 86% of the world’s tonnage
The number of tankers operating outside Western jurisdiction has risen, as oil prices continue to exceed the $60 per barrel cap imposed on Russian oil by the G7 and Australia 18 months ago
