Putin Threatens Ship Seizures

MoscowPutin warned from a warship off Sakhalin.

Foreign crews, not warships, are the ones exposed to any retaliation.

The European Union’s new sanctions package lets members sell shadow-fleet cargo seized over sanctions violations, which Putin calls piracy.

Insurers, not navies, could raise Baltic and Black Sea shipping costs first.

Sources: RT, Bloomberg Business, Al Jazeera Online