EU sanctions on Russia oil: Indian arm of UAE-based shipping...

added a post in Business

2025-07-26 06:55:12 -

EU sanctions on Russia oil: Indian arm of UAE-based shipping company takes a hit; Indian-origin captain of crude oil tanker faces sanctions

The EU has imposed sanctions on Intershipping Services Hub, an Indian subsidiary of a UAE-based firm, and Captain Abhinav Kamal for allegedly aiding Russian oil trade. These sanctions, limited to EU entities, freeze European assets and restrict business dealings.

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