EU to ban sales to Russia of tankers for crude oil or petroleum products

<ul><li>To ban sales to Russia, or for use in Russia, of tankers, of any origin, for crude oil or petroleum products</li><li>To ban direct or indirect import, purchase or transfer of diamonds from Russia</li><li>Ban includes stones processed in third countries</li><li>To phase in ban on Russian diamonds processed in third countries from March next year</li></ul><p>Whatever the case is, it isn't going to get Russia to budge. We're well over a year into the conflict between Russia and Ukraine and this looks to be the new normal in the region already.</p>

This article was written by Justin Low at www.forexlive.com.