Medvedev expects Europe to use ‘gray’ mechanisms to import Russian oil Sees Europe facing oil deficit due to sixth sanctions package Russia expects to get around the EU ban on insuring and financing seaborne deliveries of Russian oil to third countries by using state guarantees, Dmitry Medvedev, deputy chairman of the Russian security council said June 6, in a post on his official Telegram channel.
“This problem can be solved — insuring supplies can be secured by using state guarantees within the framework of interstate agreements with third countries,” Medvedev said. The EU said in a statement on June 3 that its sixth sanctions package prohibits EU operators from insuring and financing seaborne transport of Russian oil to third countries after a wind-down period of six months. The ban is part of the latest restrictions […]