Published by
Reuters UK
Reuters UK
By Jonathan Saul LONDON (Reuters) – European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the scramble to relieve tight gas supplies, according to data and shipping sources. The European Commission on Tuesday proposed new sanctions against Moscow over its invasion of Ukraine, including a ban on buying Russian coal and on Russian ships entering EU ports. The new restrictions come at a time of uncertainty about future gas deliveries from Russia to the EU later this month after the Kremlin’s demand that bu…