Bulgaria Secures UK Sanctions Waiver to Unlock Seized Russian Oil Assets – EUROP INFO
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Bulgaria Secures UK Sanctions Waiver to Unlock Seized Russian Oil Assets – EUROP INFO
Bulgaria has secured a significant waiver from the United Kingdom allowing it to retain and manage Russian oil assets seized amid Western sanctions, Reuters reports. The development comes as Bulgaria navigates complex geopolitical tensions and economic challenges tied to the enforcement of sanctions against Russia. The UK’s decision provides a crucial exception in its broader sanctions regime, enabling Bulgaria to address energy security concern…
The world is waiting for US President Trump's sanctions against Russian oil to turn the tide in Russia's war of aggression in Ukraine. The sanctions are to enter into force on November 21, 2025. They are directed against the two largest Russian oil companies Rosneft and Lukoil. The current episode of the Euranet Plus panorama Podcast is about reactions from the EU. In Bulgaria, the huge Lukoil refinery in Burgas covers most of the country's ener…
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