The US imposed new sanctions on the Russian power sector.
Because the American ambassador to Cyprus, Julie Fisher, experiences in a publish in “Ex”, two of the businesses in opposition to which the sanctions have been imposed are based mostly in Cyprus.
On the similar time, Indian corporations notice that the brand new measures will damage India's oil provide, forcing refiners to search for crude oil within the Center East and the USA.
The UK additionally imposed new sanctions on main Russian oil corporations. As introduced, the measures embody asset freezes and transport penalties.
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