The European Commission initially wanted to ban the sale of used tankers to Russian entities or their use in Russia, as well as the sale of used tankers to entities that could use these tankers to circumvent ceilings. G7 oil prices, but this provision has been canceled. One of the sources said Mediterranean countries with powerful shipping lanes fear the measures could put them at a competitive disadvantage.
International crude oil closed higher for the third straight trading day, recovering further from a five-month low. WTI crude oil approached the 72 mark during the session, then fell sharply and rebounded, finally closing up 0.22% at 71.49 USD/barrel; Brent crude oil closed up 0.18% at 76.24/barrel.