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Nov

UK sanctions 30 shadow tankers in largest clampdown on Russian oil trade

The UK has blacklisted another 30 oil tankers in Russia’s “shadow” fleet in its largest sanctions package of this kind to date, the government said Nov. 25, as a G7 foreign ministerial meeting kicks off in Italy. To circumvent the G7’s price cap on seaborne Russian oil exports, Russia has amassed a large tanker fleet …