Russia put together a shadow fleet of oil tankers to beat Western sanctions, but a key bottleneck is emerging that could threaten flows

• Russia put together a fleet of tankers to circumvent Western sanctions, but a key bottleneck is emerging, Bloomberg reported.
• The long distances the so-called shadow fleet must travel cuts down on the availability of Russia-friendly ships.
• That means Russia is relying on European ships, but they are barred from ferrying Russian oil that costs more than the $60 price cap.

Russia's shadow fleet of oil tankers was meant to circumvent Western sanctions by minimizing the need for European vessels, but it has been stretched thin, according to a Bloomberg report.