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Financial Times: EU, UK impose insurance ban on Russian oil cargoes.

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Citing unnamed U.K. and European officials, Financial Times reported on May 31 that the two actors have agreed on a concerted ban on insuring ships transporting Russian oil, sharply restricting Russia’s ability to export crude oil. The ban is part of a new EU sanctions package aimed at Russian oil exports.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Along the Dnipro River in southern Ukraine, the front line has remained largely static, but fighting continues every day. The Kyiv Independent’s Francis Farrell and Olena Zashko embedded with Ukraine’s forces in Kherson Oblast, following FPV drone and night bomber teams tasked with defending river islands.

Earlier on Jan. 1, Volodymyr Saldo, a Ukrainian politician turned top Russian proxy head of Russian-occupied parts of Kherson Oblast, accused Kyiv of launching three drones at a hotel and a cafe on the Black Sea coast. Saldo claimed that the alleged New Year drone strike on the village of Khorly killed 24 people, including a child, and wounded more than 50.

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