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EU wants to ban insurance for ships carrying Russian oil

The sixth package of sanctions against Russia also includes a ban on insurance for tankers carrying Russian oil. That would significantly tighten the EU’s oil embargo and drive up the costs for Russian exporters when looking for alternative buyers.

EU Commission President Ursula von der Leyen at a press conference of the extraordinary EU summit.

Johanna Geron / Reuters

It was already late when Ursula von der Leyen appeared in front of the media after the first day of the extraordinary EU summit on Tuesday night. And promptly she made a mistake.

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