EU prepares sanctions to choke Russian oil volumes for the first time

The European Union is moving to hit Russia where it hasn’t before, by blocking the physical flow of oil into its markets. The new sanctions will take effect in January and are designed to cut off fuels that were made in third countries using Russian crude, even if those fuels weren’t directly shipped from Russia. […] source: https://www.cryptopolitan.com/eu-sanctions-choke-russian-oil-volumes/