Sanctions

Russian Urals has fallen to historic lows amid new US sanctions that are making logistics and sales difficult.

Sweden has detained the Adler, a dry cargo ship whose owner is under EU and US sanctions for allegedly transporting North Korean ammunition to Russia.

The EU Council announced the expansion of the sanctions lists, adding 41 vessels that are part of the so-called shadow fleet of the Russian Federation.

The United States is preparing another round of sanctions against Russia’s energy sector to increase pressure on Moscow.

The expert described how the effect of US sanctions against Russian oil had transformed as of the first decade of December.

On Monday, December 15, a decision is to be made on adding another 40 ships of the Russian “shadow fleet” to the EU sanctions list.

President Volodymyr Zelenskyy signed a decree on the implementation of the NSDC decision to impose sanctions on 656 vessels of the “shadow fleet”.

The “Virat” tanker, which was attacked on November 28 in the Black Sea, was spotted by experts at a ship repair yard in Turkey under the new name Prometey and a Russian flag.

Russia’s oil revenues fell to $11 billion in November, the lowest monthly level since February 2022.

Ukraine will present its own sanctions package against the so-called shadow fleet of the Russian Federation in December.