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EU sanctions against Russia, which were agreed in the sixth package, will block the insurance of tankers with Russian crude oil.
Reported by the WSJ.
EU approves tougher sanctions than expected, officials and diplomats say. In particular, in addition to a partial embargo on imports, insurance of ships that transport crude oil from Russia will be prohibited..
The publication writes that in this way the West seeks to deprive Moscow of the oil money it needs to finance the war against Ukraine..
The ban on insurance will apply to tankers carrying Russian oil to anywhere in the world. These sanctions could undermine Russia's efforts to sell its oil in Asia.