Sanctions

Tankers under US sanctions deliver Russian oil to India, — Bloomberg
Despite India’s stated position, tankers under US sanctions continue to deliver Russian oil to Indian refineries.

MOL asks Japan for help amid EU sanctions against Russian LNG vessels
The company has appealed to the Japanese government for help after the EU imposed sanctions on three of its tankers carrying Russian LNG.

EU considering lowering “price ceiling” for Russian oil to $45, but no decision yet
The European Commission, together with key EU member states, is pushing for a reduction in the export price cap for Russian oil from $60 to $45 per barrel.

Russian Sovcomflot suffered losses of almost $400 million due to sanctions
Russia’s largest shipping company, Sovcomflot, reported a net loss of $393 million in the first quarter.

EU sanctions vessels transporting gas from Yamal LNG in Russia
The European Union has imposed sanctions, in particular, against three vessels that were transporting gas from the Russian Yamal LNG project.

Prominent shipping financier added to UK sanctions against Russia
John Ormerod helped Russian oil giant Lukoil create a network of companies in the Marshall Islands.

Britain expanded sanctions against Russia: “shadow fleet” and banks under attack
The new list includes 100 objects, including 18 ships and the Deposit Insurance Agency of the Russian Federation.

EU approves 17th package of sanctions against Russia, — Kaia Kallas
The Vice President of the European Commission announced that the EU has approved the 17th package of sanctions against Russia, affecting almost 200 ships of the shadow fleet.

German Foreign Ministry announces new sanctions against Russia’s “shadow fleet”
German Foreign Minister Johannes Wadeful has announced plans to step up surveillance of the Russian naval fleet under sanctions after suspicious incidents in the Baltic Sea.

EU and UK discuss full trade embargo against Russia
The EU and UK are discussing sweeping sanctions at a summit in Albania over Russia’s stance on the ceasefire in Ukraine.