highlights
Delays are attributed to new Turkish insurance proof requirements
Southbound transit delays of 10 days, up from 3 days before the G7 price cap
Russian Ural cargoes unaffected by insurance backlog: sources
Transit times for oil tankers to cross the Turkish Strait from the Black Sea to the Mediterranean Sea have risen to their highest level in a year after Turkey’s recent demands for proof of insurance coverage before the G7 price cap for Russian…