oil

EU to prepare new sanctions against Russia’s shadow fleet by the end of the year
The European Union is developing a new sanctions package aimed at combating the so-called “shadow fleet” of tankers.

Zelenskyy imposed sanctions against Russian oil companies and a ship repair yard
President Volodymyr Zelenskyy has put into effect two decisions of the National Security and Defense Council of Ukraine on the introduction of sanctions.

The EU is investigating the re-export of oil from the Russian Federation through Turkey under a new brand
OLAF has opened an investigation into a scheme in which sanctioned Russian oil is exported to the EU via Turkey after relabelling.

Zelenskyy: every month, the Russian Federation earns $10-12 billion from the “shadow fleet”.
Despite the sanctions and the price ceiling, the so-called “shadow fleet” brings Russia income that helps in the wars it has entered.

The G7 promises to strengthen control over compliance with the price ceiling for Rosneft
The G7 finance ministers promise to strengthen control over compliance with the price ceiling on Russian oil.

The number of tankers from the Russian Federation choosing the route around Africa has increased, Klymenko
Russian fuel is mainly transported by shipowners from Russia, the United Arab Emirates, Greece and Turkey.

Tankers of the “shadow fleet” of the Russian Federation have become a global problem for the world
In addition to using Russia’s “shadow fleet” tankers to circumvent oil sanctions and price ceilings, it also affects the safety of the maritime environment.

Russia’s shadow fleet is increasing the volume of oil shipments despite the sanctions
The capacity of the Russian shadow fleet, which transports oil on old and uninsured vessels, has increased by 70%.

Britain is investigating more than 30 cases of Russian sanctions evasion
The investigation concerns violations of oil sanctions, however, no fines have yet been imposed.

The Russians attacked a container ship with oil for Palestine
Russia continues to destroy the civilian infrastructure of Ukraine and threaten the food security of the world.