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

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

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By Eamonn Sheridan
11/06/2024 | 20:46 GMT
  • Sovcomflot tankers have been carrying out ship-to-ship transfers of Russian crude oil.

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.

Sovcomflot ship oil transfer 12 June 2024 2

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