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World Business Report: First broadcast 06/12/2022 15:32 GMT : Russian oil cap: Tanker jam builds up on Turkish waters

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Cap on Russian oil: Tanker jam builds up on Turkish waters

First broadcast 06/12/2022 15:32 GMT 

First broadcast 06/12/2022 15:32 GMT : Russian oil cap: Tanker jam builds up on Turkish waters

Russian oil cap: Tanker jam builds up on Turkish waters

BBC World Service - World Business Report, Russian oil cap: Tanker jam builds up on Turkish waters

Traffic jam of oil tankers built up off Turkish coast

Ankara demands that any vessels navigating its straits are fully covered.

There has been a build-up of oil tankers being held up off the cost of Turkey. This comes just a day after EU sanctions affecting the transport of Russian oil took effect. 
Turkey demands insurers promise that any vessels navigating its straits were fully covered.

Also on the programme, Foxconn's revenue slumps by 11 percent, following unrest at the world's largest iPhone factory and China's tough Covid restrictions.

(Picture: An oil tanker in the Mediterranean. Credit; Getty Images.)

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First broadcast 06/12/2022 15:32 GMT : Russian oil cap: Tanker jam builds up on Turkish waters

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