The Bahamas has ordered its financial institutions to halt all transactions with Russian entities that have been put under sanction by Western nations, the country's financial regulators said in a statement.
The government of the Caribbean nation has vocally condemned Russia's invasion of Ukraine, but appears to remain conflicted over how aggressively it can participate sanctions efforts without damaging its relatively small economy.
Reuters on Monday reported that oil and fuel tankers controlled by Russia's Sovcomflot had been rerouted to the Bahamas after they had been unable to deliver cargoes due to the sanctions.
