Greece and Malta have expressed concerns about Brussels’ proposal to ban maritime services for shipping Russian crude
Greece and Malta are opposing an EU proposal to ban maritime services for Russian crude oil, according to media reports, making the two shipping powers the primary obstacle to the bloc’s 20th sanctions package against Moscow.
The divisive measure, proposed by the European Commission last week, would replace the existing G7 price cap with a comprehensive prohibition on all EU shipping, insurance, and port services for Russian crude oil, regardless of purchase price.
Greece and Malta raised concerns at an EU ambassadors’ meeting on Monday, expressing fears that the switch would damage Europe’s shipping industry and inflate energy prices, Bloomberg reported, citing sources.
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