01-23-2026, 04:59 PM
Things are about to get interesting. France seized a Russian shadow fleet sanctioned oil tanker. We’ll see what they do with it.
https://www.wsj.com/world/europe/crackdo..._permalink
Personally, I would vote that they sell the oil and give the proceeds to Ukraine. I think a typical tanker has 500,000 to 800,000 barrels, so at today’s oil price, that might net about $40 million.
BC
https://www.wsj.com/world/europe/crackdo..._permalink
Personally, I would vote that they sell the oil and give the proceeds to Ukraine. I think a typical tanker has 500,000 to 800,000 barrels, so at today’s oil price, that might net about $40 million.
BC