Sanctions

EU considers tightening sanctions against “shadow fleet” and ban on insurance of Rosneft tankers, — Bloomberg
In the new package of sanctions, the EU is also considering new measures against Russia’s “shadow fleet”, oil traders in third countries and a possible ban on reinsurance of tankers carrying Russian oil.

Oil prices rise on expectations of new sanctions against Russia
The market reacted to the possibility of new US and EU sanctions against Russian crude oil.

Canada lowers price cap for Russian oil
The new price ceiling could mean a loss of up to $200 million in monthly income for Russia.

Ukraine calls on the EU to add restrictions on Russian ports and captains to the 19th package of sanctions
The new 19th package of EU sanctions will likely include tankers of the Russian “shadow fleet”, insurers and flag registries.

Germany and France have called for secondary sanctions against companies supporting Russia
Berlin and Paris are calling for tougher restrictions to cut off Moscow’s access to financing the war through third-party intermediaries.

Diaspora calls on Australian government to ban imports of fuel made from Russian oil
The Australian government has once again received an appeal from the Union of Ukrainian Organizations demanding that it close a loophole in sanctions that allows the import of fuel produced from Russian oil.

Russian port of Ust-Luga to operate at half capacity in September due to shelling, media reports
Successful attacks by Ukrainian drones on Russian oil and gas infrastructure have caused a drop in export volumes from the port of Ust-Luga on the Baltic Sea.

Oligarch Abramovich’s superyacht will be repaired in Turkey for $40 million
For the first time in three years, the Eclipse superyacht, owned by sanctioned Russian oligarch Roman Abramovich, has left the port of Marmaris in Turkey.

Russia is losing its position in the grain market, but maintains its status due to stolen Ukrainian grain
Record low harvest, sanctions and logistical problems are depriving Russia of its status as the largest agricultural exporter. This year has been the worst for Russian agriculture in the last 17 years. Spring frosts, record heat and drought in the southern regions have led to a sharp drop in yields, according to the Foreign Intelligence…

Poroshenko said he was banned from entering Ukrainian ports with aircraft carriers
Former President of Ukraine Petro Poroshenko said that among the sanctions against him is an indefinite ban on aircraft carriers entering Ukrainian ports.