Russia is exporting more oil than it has in over two and a half years
But millions of barrels are stranded at sea
Tankers loaded with Russian crude are stuck waiting off the coasts of India and China
Ports are delayed
Buyers are cautious
And US sanctions are tightening
With prices falling for the twelfth straight week
And ships turning off tracking systems to avoid scrutiny
A massive floating oil traffic jam is building across Asia
This is not just an oil story
It is geopolitics playing out on the open ocean
WooGlobe Ref : WGA629993
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