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The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot

2024-12-30FOREXLIVEFOREXLIVE
Sovcomflot tankers have been carrying out ship-to-ship transfers of Russian crude oil.
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Sovcomflot tankers have been carrying out ship-to-ship transfers of Russian crude oil.

Bloomberg reporting that the the EU is taking steps to sanction the firm. Doing so would be another crimp on Russian revenues.

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