www.zerohedge.com BY TYLER DURDEN
By Lori Ann LaRocco of FreightWaves
The self-imposed embargo of Russian oil is spreading to Kazakhstan crude, with three shipments canceled in the past 24 hours.
The Wonder Vega, Free Spirit and Stealth Haralambos, all Marshall Islands-flagged vessels, were Black Sea-bound for the Port of Novorossiysk.
S&P Global informed clients of the three canceled loadings, citing the war risk premium associated with the grade of oil.
These latest cancellations led the Chevron-led consortium at Tengiz â Kazakhstanâs highest-producing oil field â to issue a statement that it was âmonitoring developments.â Production is continuing, according to the consortium.
