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Russia Advances $118B Vostok Oil Arctic Project Despite Sanctions
OilPrice.com·RU·3 days ago
A new U.S. sanctions law threatens the specialized ice-class tanker fleet supporting Russia's Yamal LNG project, potentially forcing European shipping and service firms to face sanctions exposure months ahead of schedule. The law's scope and enforcement timeline remain uncertain, but it could disrupt Arctic LNG exports and test European compliance.