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Greece, Malta and Cyprus in oil price cap pushback in Brussels

Greek shipowners have expanded market share in Russian trades since military activity began in Ukraine. Elsewhere, Europe’s biggest flag registry, Malta, flagged 37 of the 263 tankers to have called at key export ports over September

All 27 member countries of the European Union need to agree on details over the eighth sanctions package on Russia. In the build-up to this week’s events, many shipowners and maritime service providers have spoken in private to criticise the lack of clarity and details over the oil price cap

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