Denmark to Inspect Russian Oil Tankers to Enforce EU Price Cap
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Denmark will inspect and potentially block Russian oil tankers sailing through its waters under new EU plans to enforce price cap on Russian crude.
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Target will be tankers without Western insurance crossing Danish straits, which is route for 60% of Russia's seaborne oil exports.
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Move aimed at strengthening enforcement of $60 per barrel price cap on Russian crude imposed by G7, EU, Australia.
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Recent rally in oil prices meant much Russian oil trading above cap.
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Plan reported by Financial Times as West explores more ways to enforce price cap on Moscow amid Ukraine conflict.