EU targets Russia’s shadow fleet with new sanctions, hitting businessmen and companies
The EU sanctioned 23 individuals and firms supporting Russia’s shadow fleet, aiming to disrupt illicit oil sales that fund the war in Ukraine, with over 2,600 total EU sanctions now in place.
- The European Union on Monday sanctioned businessmen and companies accused of operating vessels that conceal their Russian origin, measures agreed at a 27-nation foreign ministers meeting in Brussels.
- The move targets vessels accused of concealing oil origin and practicing irregular shipping, sustaining oil revenue that allows President Vladimir Putin to fund the war, supported by the covert tanker network.
- Sanctions include mostly asset freezes and travel bans and target four shipping companies based in UAE, Vietnam and Russia.
- The EU is seeking deals with flag-carrying countries to ease boarding, while member countries, notably France, have vowed to crack down on tankers experts estimate number over 400 ships.
16 Articles
16 Articles
The European Union has announced new sanctions against Russian companies, individuals and 40 ships, targeting the "phantom fleet " and Kremlin propaganda relays in the context of the conflict in Ukraine. ...
EU Sanctions Target Russia’s ‘Shadow Fleet’ Backers and Disinformation Network
The European Union on Monday imposed a new round of sanctions on 23 individuals and entities linked to Russia’s so-called “shadow fleet” of oil tankers, as well as figures accused of spreading disinformation and carrying out cyberattacks against EU member states.
At their last regular meeting this year, the foreign ministers of the EU countries decide on further sanctions against Russia. The shadow fleet will be targeted monthly in the future.
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