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

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.

This article was written by Eamonn Sheridan at www.forexlive.com.

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