Russia’s vast Arctic oil business is facing major disruption from US sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in storage, according to three sources familiar with its logistics.
The sanctions unveiled on Friday are the toughest yet on Russia’s oil sector, targeting major producers Gazprom Neft (SIBN.MM) and Surgutneftegas as well as 183 vessels that have shipped Russian oil.
Three sources who
