Trump Tariffs on Russia’s Oil Buyers Bring Economic, Political Risks
From punishing Brazil to trying to curb imports of fentanyl, U.S. President Donald Trump has wielded the threat of tariffs as an all-purpose foreign policy weapon.
ISTANBUL – A snowstorm that sharply reduced visibility in Turkey’s Bosphorus Strait forced maritime authorities to shut the key shipping channel on Tuesday, shipping agent GAC said.
Traffic for all northbound and southbound vessels was suspended at 11:45 a.m. (0945 GMT) because of the poor visibility, GAC said in an email. It was the second day of intermittent closures.
GAC said the Dardanelles Strait at the other end of the Sea of Marmara remained open to tanker traffic.
The Bosphorus and Dardanelles are the only maritime outlet for oil, grain and other commodities from Russia and other Black Sea countries. Poor weather frequently forces their closure in winter.
Each year, some 10,000 vessels carrying 150 million tonnes of oil and petroleum products pass through the straits.
(Reporting by Ayla Jean Yackley; Editing by Alistair Lyon; Editing by Nick Tattersall)
© 2013 Thomson Reuters.
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