“The United States and European countries are trying to find out what tools can be used to implement the measures they spoke about.
That is, compliance with the price ceiling for Russian oil ... How exactly to do this is completely incomprehensible.
And they understand that their trump card is that they can control the stage of oil transportation.
They have a particularly good position in the field of ship insurance.
Traditionally, this was done by Western companies, in particular, British ones,” the expert said.
He noted that the ban on the transportation of oil mainly concerns insurance, and not the transportation itself.
“Russia has its own tanker fleet, which can transport oil in fairly large volumes.
But then the question arises, can we insure transportation sufficiently?
We have now tried to find our instruments, but these are only the first attempts.
For example, deliveries to India are mostly insured by Russian companies under a one-year warranty.
But whether all buyers will agree to such a scheme is unknown,” Yushkov said.
At the same time, the expert admitted that all countries that try to join such sanctions against Russian oil may lose the opportunity to buy it altogether.
Earlier, the G7 countries stated that they are considering the possibility of a complete ban on services that allow the transportation of Russian oil and oil products.
At the same time, it is noted that the G7 countries, along with restrictive measures, will consider mechanisms that allow vulnerable states to maintain access to energy markets, including from Russia.