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‘Urgent priority’: Major Australian super fund investigates Russian Blood Oil links

The Australian government is consulting industry and considering new measures to reduce Russian oil revenue, aiming to strengthen sanctions and support Ukraine’s recovery.

In a letter to Liberal Senator Andrew Bragg, who has raised concerns about major super funds about their ties to the Russian oil trade, CareSuper acting chief executive Ningning Lyons said it “takes its governance responsibilities and compliance with Australian sanctions very seriously”.

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Australian Financial Review broke the news in Sydney, Australia on Monday, November 24, 2025.
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