Tankers accounting for 25-30% of Russian total crude and DPP exports are on the sanctions list. 

The US DoD sanctioning COSCO or CNOOC doesn't have much effect, but the sanctions against Russia are OFAC sanctions, and China and India are under pressure from those sanctions. 

Don't be optimistic that everything will be fine - just look at what's already happening to Iranian crude on the EOPL-China route...

Everything will be cloudy for a while, but the effects will start to show. Biden really shit the bed on Trump.

#oott #russia