Financial Times: EU, UK impose insurance ban on Russian oil cargoes.
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June 1, 2022 3:13 am
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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