15 oil vessels blocked at Turkish Straits amid EU sanctions on Russian oil
ANKARA, Dec. 8 (Xinhua) -- Fifteen oil tankers were banned from passing through the Turkish Straits due to a lack of proper insurance amid the European sanctions on Russian oil, Türkiye's maritime authority said on Thursday.
The Protection and Indemnity (P&I) insurance of these ships is invalid due to the European Union (EU) sanctions and such insurance cannot be compensated in the event of an accident, the