The United Kingdom has imposed a major new round of sanctions targeting Russia’s so-called 'shadow fleet'—a network of oil tankers used to secretly transport Russian oil and evade existing international restrictions.
The measures hit 135 tankers and two companies, including a Dubai-based trading arm of Lukoil, aiming to disrupt $24 billion in oil exports that help fund Russia’s war in Ukraine. These sanctions are part of a broader Western effort to choke off the Kremlin’s vital energy revenues and enforce compliance with price caps and trade restrictions. The move is expected to complicate Russia’s ability to move oil globally and may impact the wider shipping industry.
Enforcement challenges remain, but the UK and EU are signaling a tougher stance on sanction evasion.
.Here are the top political news stories for today.
Be the first to reply to this general discussion.
Join in on more popular conversations.
