If you want to have an idea of what impact the West’s new oil sanctions against Russia will have, look no further than the old ones.
That is the view expressed on 9 February by Sveinung Stohle, deputy chief executive of the Angelicoussis Shipping Group (ASG), one of the world’s biggest shipping companies.
“I think the effect of the ban on the Russian refined products will be exactly the same as the ban on crude,” Stohle told a Capital Link conference in Athens.
