EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

Are you still doing business in Russia? Good luck renewing your insurance.

The port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More … than 750 western companies have left Russia since it invaded Ukraine. Some had no choice because their areas fall under Western sanctions. Others left voluntarily and were hailed for standing up for democracy. Their departure may have another, less noble reason: Russia … Read more

Are you still doing business in Russia? Good luck renewing your insurance.

The port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More … than 750 western companies have left Russia since it invaded Ukraine. Some had no choice because their areas fall under Western sanctions. Others left voluntarily and were hailed for standing up for democracy. Their departure may have another, less noble reason: Russia … Read more

Are you still doing business in Russia? Good luck renewing your insurance.

The port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More … than 750 western companies have left Russia since it invaded Ukraine. Some had no choice because their areas fall under Western sanctions. Others left voluntarily and were hailed for standing up for democracy. Their departure may have another, less noble reason: Russia … Read more