Oil price cap policy — Customs and ship-tracking anomalies
A recent report in local Chinese media outlets reported that an importer received 100,000 metric tons of oil product via tanker Borey G (IMO: 9199127) arriving at Qingdao, mainland China, in October 2023[1]. The cargo was declared as “other fuel oil” under HS Code 2710.19.29; however, it turned out to be utilized…