As part of the new 'imminent' sanctions on Russia - to include a phased ban on all Russian oil by the end of the year - it seems the European Union is ready to escalate even further, taking action to and beyond all-encompassing Iran-style sanctions. Now it's mulling going after Russia's ability to even ship oil on the high seas with a proposed ban on European vessels and companies' ability to provide services to Russian shipping entities. As Bloomberg is reporting Wednesday, the action would constitute "a move that could dramatically impair…
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