Sanctions
EU ambassadors agree on 16th package of restrictions against Russia: over 70 vessels may be subject to sanctions
The new sanctions will target Russia’s aluminum industry and tighten restrictions on oil exports.
An explosion occurred in Italy on a tanker that could be transporting Russian oil
Two explosions were heard on the moored tanker Seajewel in the city of Savona, which is part of a fleet transporting oil from Russia.
Ukraine expects the next EU sanctions package to target Russia’s shadow fleet
Volodymyr Zelenskyy stressed that the 16th EU sanctions package should apply to Russian oil and the entire shadow fleet, as well as captains and crew members of ships.
Over 60% of Russian tankers hit by sanctions have stopped operating
The latest U.S. sanctions against Russia have grounded dozens of tankers carrying Russian oil.
US sanctions force Russia to sell oil to China at lower prices
Strengthening US sanctions complicate the logistics of Russian oil, forcing sellers to offer discounts to Chinese buyers.
Albania will help Ukraine fight the Russian shadow fleet
The prime ministers of Ukraine and Albania discussed sanctions pressure on Russia, defense cooperation, and countering the Kremlin’s illegal schemes at sea.
India does not accept tanker with sanctioned Russian oil, — Bloomberg
The Cordelia Moon tanker, carrying oil from a company that has been sanctioned by the US, has been off the west coast of India for several days and has not entered a port.
Estonian President: EU should consider trade embargo on Russia
Estonian President Alar Karis said that the European Union should seriously consider the possibility of introducing a full trade embargo on Russia.
Polish Foreign Minister: EU is preparing sanctions against captains of the Russian “shadow fleet”
Brussels is looking for legal mechanisms to punish ships that violate the law, which threaten critical underwater infrastructure.
Russian Urals oil prices drop to $16 per barrel
Due to US sanctions, the price of Russian Urals oil has fallen below $60, and sellers are forced to provide significant discounts.
