Published by
Reuters UK
Reuters UK
By Koustav Samanta, Florence Tan and Laura Sanicola SINGAPORE (Reuters) -Oil tanker rates are soaring globally as traders scramble to cope with jitters over possible disruption in Russian supplies, as well as war risk premiums for ships plying the Mediterranean region following Moscow’s invasion of Ukraine. Shipowners are also grappling with higher fuel costs after oil prices soared nearly $2 per barrel on Friday, with Brent back above $100. The global energy sector is concerned that Europe and the United States may impose sanctions on Russian exports and severely disrupt supplies. [O/R] Sourc…