EU Considers Replacing Russia's Oil Price Cap With Ban on Maritime Services - Reports

NAMPA / Sputnik
2026-01-30
MOSCOW, January 30 (RIA Novosti) - The European Union is exploring the possibility of replacing the Russian oil price cap with a ban on maritime shipping services as part of a future sanctions package, Bloomberg reported on Friday, citing people familiar with the matter. If this measure is supported by EU members, European companies could be banned from providing services such as insurance and transportation necessary for the transport of Russian......
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