Turkish Straits tanker delays jump to 12-month high after G7 price cap

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Transit times for oil tankers to cross the Turkish Straits from the Black Sea to the Mediterranean have jumped to the highest in a year amid a spat over recent Turkish demands for proof of insurance cover ahead of the G7 price cap on Russian crude. Southbound tanker delays to transit the Bosporus and Dardanelles, at the north and south…