Three sanctioned Russian tankers carrying over 2 million barrels of oil have been spotted idling off the coast of eastern China. The Huihai Pacific, one of the vessels, was due to arrive in Shandong province on January 15 but changed course and is now anchored offshore with nearly 770,000 barrels of ESPO crude on board. The US has announced an aggressive package of measures against Russia’s energy sector following its invasion of Ukraine.
Source: https://www.bloomberg.com/news/articles/2025-01-13/sanctioned-tankers-carrying-russia-oil-now-idling-off-china