EU Proposes Sweeping Sanctions to Further Cripple Russian Crude Exports

EU Proposes Sweeping Sanctions to Further Cripple Russian Crude Exports

The European Commission has unveiled a sweeping new sanctions proposal aimed at sharply curbing Russia’s seaborne crude oil exports, escalating efforts to choke off Moscow’s most critical source of revenue for its war in Ukraine. Under the proposed measures, the EU would ban a wide range of services that support Russia’s oil shipments, including shipping, […]