Bloomberg: Turkey joins sanctions on Russian oil

From December 1, Turkish authorities will ban the passage of Russian ships through the Bosphorus and Dardanelles if they are not insured. This is reported by the Bloomberg news agency with reference to the head of the Turkish maritime department.

The leadership of the Turkish maritime transport regulator noted that the motive for this step was to comply with EU sanctions against Russia. In accordance with the latest decisions, from December 5, insurance companies have the right to insure transported oil and ships only if it is sold below the “price ceiling”, which will be determined before December 5.

The Turkish authorities also note that in the event of an accident of an uninsured vessel in the Bosphorus and Dardanelles, it is possible to stop the movement of other vessels on the only route from the Black Sea to the Mediterranean. Turkey has warned all the world's oil carriers that in order to pass through the vital straits, they will need to provide guaranteed insurance coverage for the vessel and the cargo being transported. It should be reminded that traffic in the Bosporus was stopped 5 times due to the breakdown of ships this year alone.

More than 8000 tankers passed through the Turkish straits last year. Russia shipped up to 650 barrels of oil from Novorossiysk daily. Turkey's accession to European sanctions will force the Russian Federation to sell oil at a price specified by the European Union, or to look for other markets and ways to supply raw materials for export.
  • Photos used: Ank Kumar/
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  1. Hayer31 Offline Hayer31
    Hayer31 (Kashchei) 18 November 2022 11: 44
    It can't be, Turkey will not stick a knife in the back. I do not believe. Sarcasm.
    1. Shmurzik Offline Shmurzik
      Shmurzik (Seymslav) 18 November 2022 23: 27
      Quote: Hayer31
      It can't be, Turkey will not stick a knife in the back. I do not believe. Sarcasm.

      Can you name a country that will allow itself to accept uninsured ships or aircraft and, in the event of any force majeure, take on all its charms?
  2. In passing Offline In passing
    In passing (Galina Rožkova) 18 November 2022 12: 53
    The Turks also want an oil hub. Liked.
  3. Atmospheric QUEEN (Atmospheric QUEEN) 18 November 2022 13: 08
    Well, here they come. They expect free oil from us.
  4. Colonel Kudasov Offline Colonel Kudasov
    Colonel Kudasov (Leopold) 18 November 2022 21: 01
    Russia needs to establish an oil swap with Azerbaijan. Though it's probably already done.)
    1. Shmurzik Offline Shmurzik
      Shmurzik (Seymslav) 19 November 2022 11: 46
      Quote: Colonel Kudasov
      Russia needs to establish an oil swap with Azerbaijan. Though it's probably already done.)

      If you start Baku-Novorossiysk in reverse, with tankers and railway transport, then this is real, but ... will Azerbaijan agree to ruin its Azeri Lighte by mixing it with heavy Urals? Although it’s easier through Azerbaijan, it’s more logical through Iran in exchange for its heavy oil from the Gulf. The only question is how much the northern regions of Iran can digest?
  5. Yaroslav the Wise (Yaroslav the Wise) 19 November 2022 17: 25
    By joining the sanctions, Erdogan thereby wants to take revenge on Russia for the fact that she once blocked the supply of stolen oil from Syria to Turkey. Moreover, this oil was intended for a company owned by Erdogan's son. What a family! This is what is called "the East is a delicate matter" By the way. Erdogan takes such a step even despite the fact that he openly accuses the United States of involvement in the recent terrorist attack in Turkey.
  6. Eduard Aplombov Offline Eduard Aplombov
    Eduard Aplombov (Eduard Aplombov) 19 November 2022 20: 50
    Turkey knows that pinching Russia means inviting retaliatory decisions, they are too tied to Russia
    squeeze in one, compensate in the other
  7. lance is gone Offline lance is gone
    lance is gone (lance) 20 November 2022 11: 03
    Turkey must be warned that each tanker will be escorted by a warship, this will all end
    1. Ugens Offline Ugens
      Ugens (Victor) 20 November 2022 11: 42
      Can accompany .... To the straits)))))
      Turkey has closed the passage for warships since March 1.
  8. Kapany3 Offline Kapany3
    Kapany3 20 November 2022 18: 55
    Quote: Hayer31
    It can't be, Turkey will not stick a knife in the back. I do not believe. Sarcasm.

    Highly intelligent comment. And think before you blurt out no?
  9. vlad127490 Offline vlad127490
    vlad127490 (Vlad Gor) 20 November 2022 21: 53
    Turkey will not let uninsured ships through. What's stopping you from resolving the issue? Insure ships in Moscow, conclude an agreement with Turkey. Oil hucksters of the Russian Federation are playing against Russia, the authorities are obliged to apply repression against these hucksters.
    1. Peace Peace. Offline Peace Peace.
      Peace Peace. (Tumar Tumar) 23 November 2022 03: 15
      It's not that simple, I think. Insure in a non-Western country, there could be a "fire with oil spill" and the costs and fines could outweigh the whole undertaking.