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The seventh and final tanker carrying Sokol oil and sanctioned by the U.S. will arrive at China's Tianjin port on Tuesday night to discharge its Russian oil cargo
China has become the top lifter of light sweet Sokol crude after shipments to India fell following payment and shipping issues due to sanctions
Another Russian tanker sanctioned by the U.S. has arrived at a Chinese port to offload Russian crude for Chinese refiners.
According to two traders and shipping data, the stranded tankers have been unable to sell the barrels of Russia’s Sokol grade crude oil loaded onboard due to U.S. sanctions and payment issues
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero