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Sanctions on Russian oil have cut into the Kremlin’s coffers, with a 12 per cent drop in month revenues
By Daniel Flatley
The US imposed sanctions on Russian oil-shipping giant Sovcomflot PJSC, joining the UK and other allies in a fresh bid to clamp down on President Vladimir Putin’s efforts to evade a price cap on crude exports.
The Treasury Department also sanctioned 14 crude oil tankers identified as being linked to the…
