Tuesday, December 6, 2022

Ukraine's Embassy in Romania receives two suspicious envelopes, bomb disposal team called

"The Embassy of Ukraine, which is located in the capital of Romania, Bucharest, received two
suspicious envelopes on 6 December around 11:00,...the police arrived at the scene to secure the area. Bomb disposal teams are also on the scene to conduct specific inspections." Pravada

 

Supply Disruption From Russia Price Cap Is Here: Tanker Jam Forms Off Turkey

"The EU and G7 price cap on Russian oil went into effect on Monday, but it's already causing disruptions in global supply chains. 
In a striking demonstration of the price cap's potential to disrupt markets, most of the oil in the delayed ships isn't even subject to the sanction regime: It's from Kazakhstan and has merely transited Russian ports after arriving there via pipeline.
The first manifestation comes from Turkey, where the Financial Times reports that a tanker traffic jam is stacking up in Turkeish waters and blocking some 18 million barrels of oil from passage, as the country's authorities demand proof that the vessels have insurance coverage: 
"Around 19 crude oil tankers were waiting to cross Turkeish waters on Monday, according to ship brokers, oil traders and satellite tracking services. The vessels had dropped anchor near the Bosphorus and Dardanelles, the two straits linking Russia's Black Sea ports to international markets." ZeroHedge