EU sanctions proposal makes no reference to inspections of Russian oil tankers-EU diplomats

The European Commission's proposal for tightening the implementation of a $60 per barrel price cap on Russian crude oil does not make any reference to inspections of tankers in Danish straits, or to Denmark, EU diplomats said on Wednesday.

The European Commission's proposal for tightening the implementation of a $60 per barrel price cap on Russian crude oil does not make any reference to inspections of tankers in Danish straits, or to Denmark, EU diplomats said on Wednesday. The Financial Times reported that Denmark will be tasked with inspecting and potentially blocking Russian oil tankers sailing through its waters under new European Union plans as a way enforcing a price cap on Moscow's crude.

The paper said Denmark would target tankers transiting through the Danish straits without Western insurance, adding that all of Russia's oil shipped through the Baltic Sea, or roughly 60% of its total seaborne exports, crosses the Danish straits on its way to international markets. "We have seen nothing about it in the Commission proposal," one EU diplomat familiar with the Commission text said and two others confirmed they found no such reference in the proposal.