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EU considers ban on shipping Russian oil as part of price cap

As part of sanctions targeting Russian oil, the European Union is apparently contemplating restrictions on shipping activities, potentially prohibiting EU ships from carrying Russian oil sold above an agreed limit.

Photo: Kenzo Tribouillard/AFP/Ritzau Scanpix

The European Union is considering adding shipping restrictions to its oil sanctions as the bloc continues to discuss the introduction of a price cap on Russian oil, according to people familiar with the matter.

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