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 billions of dollars in oil revenue that help fund Russia’s war efforts in Ukraine. The sanctions also target trading arms and shipping companies linked to Russia’s energy sector, including Lukoil’s Dubai-based unit. This coordinated crackdown, supported by the EU, aims to tighten enforcement and close loopholes exploited by Russia to maintain its oil exports.
The move is expected to impact global shipping and further isolate Russia’s energy industry from Western markets.
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