Denmark aims to limit shadow fleet of Russian oil tankers

By Thomson Reuters Jun 17, 2024 | 2:55 AM

COPENHAGEN (Reuters) – 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% 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 ageing ships transporting the Russian oil, Foreign Minister Lars Lokke Rasmussen told Reuters.

(Reporting by Louise Rasmussen, editing by Terje Solsvik)