Russia struggles to deliver crude oil amid 135 million barrel backlog at sea

Crypto Briefing 2026-07-16 06:51:38
Context: Russia is facing significant challenges in delivering crude oil due to a massive backlog of 135 million barrels at sea. The issue is attributed to the severe impact of sanctions imposed on the country. This situation risks causing long-term damage to Russia's oil industry and disrupting global energy markets.

Key Facts

  • The backlog of crude oil at sea consists of 135 million barrels that Russia is struggling to deliver.

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