Denmark aims to limit shadow fleet of Russian oil tankers

COPENHAGEN: Denmark is considering ways to limit the passage of old tankers carrying Russian oil through the Baltic Sea, the Nordic country’s foreign minister said in a statement on Monday, in a move that could trigger confrontation with Moscow.
Russia sends about a third of its seaborne oil exports, or 1.5 percent of global supply, through the Danish straits that sit as a gateway to the Baltic Sea, so any attempt to halt supplies would send oil prices higher and hit the Kremlin’s finances.
Denmark has brought together a group of allied countries evaluating measures targeting the so-called shadow fleet of aging ships transporting the Russian oil, Foreign Minister Lars Lokke Rasmussen said.