Three tankers carrying over 2 million barrels of Russian crude oil are floating off China's coast after they were hit by fresh U.S. sanctions on Russia's oil sector. The vessels are part of the so-called "shadow fleet," a group of tankers used to evade sanctions targeting Russia's oil trade.

Russian 'shadow fleet' tankers carrying 2 million barrels of crude idling off China’s coast, Bloomberg reports
Three sanctioned tankers carrying over 2 million barrels of Russian crude oil are floating off China's coast after they were hit by fresh U.S. sanctions last week, Bloomberg reported on Jan. 13.