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Insurance, another financial weapon to weaken Russia

It is a financial lever that the Europeans could very quickly use more to put Russia under pressure. The Member States of the Union plan to target insurance to make the sanctions against Russia even more binding, while Moscow still seems determined to continue its offensive in Ukraine.

As part of the sixth sanctions package, hotly debated in recent days, the Europeans plan to prevent the insurance of ships carrying Russian oil. Discussed in addition to a possible European embargo on imports of Russian black gold, this measure aims to complicate the export of Russian oil to other destinations and in particular to Asia.

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