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5.8

UK insurer exploits sanctions loophole to cover Russian gas tankers

UK insurer NorthStandard is legally insuring tankers carrying Russian gas, exploiting a loophole despite expanded government powers to restrict maritime services. The development highlights enforcement gaps in sanctions regimes and may prompt regulatory tightening.

Financial Times Worldabout 6 hours agoGB, RUCredibility 44%View source

Score Breakdown

Mosaic Score5.8
Confidence0.7
Significance0.5
Source credibility0.4

Intelligence Tags

#sanctions#russia#insurance#maritime#loophole#uk

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