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RE: LeoThread 2025-11-07 02-39

in LeoFinance12 days ago

Part 2/13:

The shutdown affects supplies routed through the terminal's oceanic pier, essential for Russia's crude shipments. Meanwhile, some ships involved in agricultural exports still operate nearby, but the shadow fleet remains unable to access the crude export facilities. With Russia's crude shipments plummeting, global buyers like India, China, and Turkey have absorbed roughly 95% of the remaining seaborn Russian oil. However, since shipping is disrupted, actual exports are falling sharply—a de facto embargo that drives prices down.