The European Union has announced a fresh round of sanctions against Russia, focusing on the so-called “shadow fleet” of oil tankers. These ships, often used to evade international restrictions, are suspected of helping Russia bypass sanctions on its energy exports.
The new measures aim to tighten controls on the transportation of Russian crude oil and refined products. The EU plans to target ship operators and entities facilitating the use of tankers that operate under the radar by using deceptive tactics such as turning off tracking systems or falsifying cargo destinations.
This move is part of the EU’s broader effort to curb Russia’s ability to finance its war in Ukraine through energy revenues. EU officials stressed the importance of closing loopholes in existing sanctions and increasing pressure on Moscow’s economy.
Critics of the shadow fleet argue that it undermines international efforts to restrict Russian oil trade, enabling billions in revenue to flow to the Kremlin despite sanctions. By imposing stricter measures, the EU hopes to reduce this activity and further isolate Russia economically.
The sanctions are expected to impact not only Russian oil exporters but also shipping companies and insurers that facilitate this clandestine trade. As enforcement ramps up, the EU aims to send a clear message about its commitment to upholding sanctions and cutting off Russia’s financial lifelines.
NEWS DESK
PRESS UPDATE