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The marine insurance ban won’t stop Russian oil exports. Here’s why

The West is determined to see the Kremlin face economic reprisals for its invasion of Ukraine, with marine insurers asked to play a leading role in enforcing a price cap on exports of crude. The impact may not be as dramatic as proponents hope

Few outside the industry have ever heard of a P&I club. But a sector that traditionally shuns the limelight is making major headlines this week, even if it probably wishes it wasn’t

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