Sanctions against insurance of Russian oil cargoes to limit Russia's exports
This week, the EU and UK agreed on an insurance ban against ships carrying Russian oil. The decision will make it difficult for Russia to sell its oil – also outside the European Union.
A deal between the EU and UK on banning insurance of tankers carrying Russian oil may have an even bigger impact on Russia’s ability to export oil than the EU’s already extensive sanctions in this field, writes the Financial Times citing sources from the EU system and the British government.
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