The U.S. allowed an oil tanker from a Russian port to unload its cargo in New Orleans, concluding that it hadn’t breached sanctions
Commodities trader Vitol said tanker’s cargoes didn’t violate an embargo on Russian oil, as they originated in neighboring Kazakhstan
The consequences of harsh economic sanctions against Russia are already being felt across the globe. WSJ’s Greg Ip joins other experts to explain the significance of what has happened so far and how the conflict might transform the global economy. Photo Illustration: Alexander Hotz. The Daytona tanker sailed from Russia’s Taman peninsula in the Black Sea to Louisiana carrying fuel oil and vacuum gasoil.
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