The UK government expanded its sanctions against Russia’s energy industry on Monday, blacklisting dozens of tankers responsible for moving the nation’s oil as well as two insurers involved in the trade.
The measures ban any cooperation with Moscow-based insurers AlfaStrakhovanie Plc and VSK, which are “carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian financial services sector,” a statement said. Both firms offer coverage against shipowners’ risks including oil spills and collisions, according to data on their websites.
An updated UK list also includes 30 previously-unsanctioned vessels “involved in carrying oil or ...
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