Smart sanctions must heed the law of unintended consequences
It is morally right to help Ukraine fight aggression, even if that ultimately costs the industry money. But blowing up a well-functioning P&I system is not the way to go about it
If the G7 wants to introduce a cap on the price paid for Russian crude, it should make haste slowly. Let it talk to all concerned about potential for things to go wrong, including tanker operators
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