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EU’s Russia Clampdown to Hit Third-Country Oil Refiners, Traders

Markets

Alaric Nightingale, Ewa Krukowska, Alberto Nardelli

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September 19, 2025

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Bloomberg

The European Union’s next round of sanctions against Russia will target large parts of the global oil industry as the bloc looks to intensify pressure on the Kremlin’s access to petrodollars.

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