EnergyHighPartialAccelerating
7.5
VLCC Shortage Drives Shipping Costs Up, Reshaping Global Oil Trade Routes
Al Jazeera AR·SA · US · AE·3 days ago
Russian exporters are adapting Baltic and Arctic terminals (Ust-Luga, Murmansk) for grain shipments after Ukrainian drone attacks disrupted Black Sea grain flows. This marks a strategic logistics pivot to bypass the conflict zone, potentially altering global grain trade routes and raising costs. The shift is confirmed by Reuters sources but the scale and timeline of the adaptation remain uncertain.
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