The United Kingdom has imposed a major new round of sanctions targeting Russia's so-called 'shadow fleet'—a network of 135 oil tankers and two associated companies used to secretly transport Russian oil and evade existing international restrictions.
These measures are designed to disrupt the flow of oil revenues that fund Russia's war efforts, with UK officials estimating the targeted tankers have moved $24 billion worth of oil since early 2024. The sanctions also extend to shipping and trading firms linked to the shadow fleet, and are coordinated with similar actions by the European Union. Analysts say the crackdown aims to make it harder for Russia to bypass sanctions, increase the risks for companies involved, and further squeeze President Putin's access to vital energy income.
The move is part of a broader Western effort to tighten enforcement and close loopholes in sanctions against Russia's energy sector.
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