Multiple explosions destroyed the 277-metre sanctioned Russian LNG carrier Arctic Metagaz between Malta and Libya at around 04:00 on 3 March. All 30 crew were evacuated alive. It is the first confirmed LNG tanker sinking in any modern conflict.
Russia's shadow fleet operates without Western insurance. Even without further strikes, the demonstrated range forces war-risk costs onto every Mediterranean voyage — compounding a revenue crisis where Urals crude trades at $38 against Brent's $62.50.
