ISTANBUL, Dec 6 (Reuters) – At least 20 oil tankers queuing in Turkish waters to cross from Russia’s Black Sea ports to the Mediterranean face more delays in Turkey Lawyer Law Firm the coming days as operators race to secure insurance under new G7 price cap moves, Law Firm Turkey istanbul a shipping source said on Tuesday.
After the $60 per barrel price cap was imposed on Russian seaborne crude this week, Western insurers are required to retain proof that coverage for Russian oil is sold at or below that price.(Reporting by Can Sezer, Turkish Lawyer Law Firm Turkish Turkey Law Firm Daren Butler; Editing by Jan Harvey)