Sanctions

The European Commission has presented to the EU member states a draft of the 17th package of sanctions against the Russian Federation, which includes restrictions on vessels associated with the so-called shadow fleet.

The European Union is considering imposing sanctions on Litasco Middle East DMCC as part of its crackdown on Russian tankers.

Over the past three years, Russia has spent $14 billion on the purchase of just over 400 tankers for its so-called “shadow fleet.”

Restrictions are being prepared against 150 tankers that help the Kremlin circumvent restrictions and continue to finance the war.

President Volodymyr Zelenskyy has imposed sanctions against the largest producer and exporter of liquefied gas in Russia. This was reported by the “Business Censor” with reference to Decree No. 268/2025 of May 1, according to which sanctions were imposed against 6 individuals and 36 legal entities. A full package of sanctions was imposed against them, including deprivation…

Two countries — Gabon and Barbados — have refused to register their flags with Sovcomflot, Russia’s largest shipping company.

A vessel under US sanctions loaded coke in the occupied port of Mariupol. The coal was likely mined and stolen in Donetsk or Luhansk regions.

Russian oil exports rose for the second week in a row, with oil flows from all Russian ports rising to 3.26 million barrels per day.

Greek shippers are returning to the Russian oil market as prices fall below the G7 “price ceiling.”

One of the world’s largest commodity traders, Glencore, has sold its stake in Russia’s RussNeft.