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 cut off billions in oil revenue that Russia relies on to fund its war in Ukraine. The sanctions also target trading arms and shipping companies linked to Russia’s energy sector, including Lukoil’s Dubai-based unit. The move is part of a broader Western effort, coordinated with the EU, to disrupt the infrastructure enabling Russia’s illicit oil trade and to tighten enforcement of existing sanctions.
Analysts say these actions could significantly impact global shipping and further isolate Russia’s energy exports.
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