Researchers have identified eight shipments of Russian crude that were covered by UK insurers despite allegedly being sold above the US$60 price cap, as authorities pledge to crack down on sanctions circumvention by rogue oil traders. The claims follow an investigation by the Centre for Research on Energy and Clean Air (CREA), a non-profit organisation…| Global Trade Review (GTR)
The EU has taken aim at Russia’s liquefied natural gas (LNG) sector for the first time in its latest round of sanctions against Moscow, yet experts say the measures are unlikely to dent Russian gas exports. This week, the European Council adopted its 14th package of Russian sanctions, introducing a range of new energy-related restrictions.…| Global Trade Review (GTR)