Miracle Express Tracking

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Main Company Link: https://www.miracleexpressinc.com/

About Miracle Express:

Trading and shipping sources say that Russian crude oil producers have been getting the best deals on shipping to refiners in China and India for almost a year. This is because more ships are using these routes. Russia can now make more than the $60 per barrel limit that the US and its friends wanted to put on Russia through sanctions. This is because new shippers working outside of Western governments have come on board. Putting the price cap into effect will not have a significant impact on Russia’s income.

The United States put the first sanctions on Thursday against the owners of two tankers based in Turkey and the United Arab Emirates that were moving Russian oil above the cap. No matter how much it costs, the penalties don’t affect shipping companies or insurance companies from other countries.

According to the marine platform Lloyd’s List Intelligence, there are about 535 tankers that are part of a “shadow fleet.” These ships are an average of 23 years old. About two-thirds of these tankers don’t have any protection. If governments use shipping, banking, and technical services as a way to try to control trade, which is a reasonable thing to do, then there will be people who will set up shop somewhere out of the way of the laws and keep trading.

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