New Zealand Tightens Grip on Russian Oil Imports
Published on: Sept. 12, 2025, 3:35 a.m. | Source: Devdiscourse
New Zealand has reduced its price cap on Russian crude oil to $47.60 per barrel, aligning with Canada, Britain, and the EU to cut funding for Russia’s actions in Ukraine. Additionally, New Zealand has imposed new sanctions on various Russian entities, targeting figures linked with chemical weapons and disinformation.
