Business as usual? Greece helps russia avoid sanctions – Die Welt

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Business as usual? Greece helps russia avoid sanctions - Die Welt 2

European ports are officially closed to russian ships due to aggression against Ukraine, but the reality is pretty different. And one European nation, in particular, is breaking the deal notoriously, welt.de writes.

The russian energy corporations Rosneft and Lukoil continue to sell oil completely unhindered via the European ports. Now, Moscow’s oil exports are already at the pre-war level. And this is mainly due to Greece, because Greek shipowners continue to expand their business in russia.

The freight rates for oil tankers have already risen by 230 percent because of the war, and Greece, the world’s largest fleet operator, is benefiting accordingly. According to Lloyd’s, Greece has tripled its share in russian oil transport compared to the previous year.

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