Sanctions

On Tuesday, June 17, the UK announced further sanctions against Russia over the war in Ukraine.

The proposal to limit the price of Russian oil to $45 per barrel will not be included in the new sanctions package due to the lack of unity among partners.

EU transport ministers have signed a letter proposing additional sanctions against Russia and Belarus for interfering with shipping and aviation.

The European Commission has presented the 18th package of sanctions against Russia, which proposes to expand the list of the “shadow fleet” and lower the ceiling for oil prices.

New routes for diesel imports via Turkish and Georgian ports have re-emerged on the Ukrainian market amid price competition.

New routes for diesel imports via Turkish and Georgian ports have re-emerged on the Ukrainian market amid price competition.

Gitanas Nauseda called for the maximum expansion of sanctions against Russian banks, energy companies and ships that circumvent restrictions.

The President of Ukraine stressed that blocking Russian schemes to circumvent oil restrictions is the key to stopping the war.

Official Bern has joined the 17th package of EU sanctions against Russia, imposing sanctions against almost 200 vessels and dozens of individuals and organizations.

Russia’s largest shipping company, Sovcomflot, suffered a net loss of $393 million in the first quarter.