Sanctions

Russian port of Ust-Luga begins inspecting ships after series of tanker explosions
A Russian port in the Baltic Sea has ordered ship hulls to be inspected before allowing them to dock. The decision was made in the wake of a series of explosions on tankers bound for Russia.

Saudi Arabia became the main importer of fuel oil from Russia in June
The countries of the Middle East and Asia remain the main buyers of fuel oil and VGO from Russian ports.

The US could hit Russian oil the hardest in history
Energy Secretary Chris Wright called sanctions against Russian oil a “very real opportunity” to stop the war.

EU lifts sanctions on Japanese tankers Mitsui after they promise not to carry Russian gas
Three vessels removed from sanctions list after assurances they will no longer work on Yamal and Arctic 2 projects.

Tanker unable to load diesel from Indian refinery due to EU sanctions
A tanker chartered by energy company BP has left the port of Indian refinery Nayara Energy empty.

Britain imposes new sanctions against 135 tankers of the Russian “shadow fleet”
The restrictions target Russia’s oil sector and vessels involved in illegal oil transportation.

Over 100 shadow fleet vessels and oil price caps: EU approves 18th package of sanctions against Russia
The European Union has approved the 18th package of sanctions against Russia. The EU called it “one of the toughest ever.”

Verkhovna Rada approved sanctions against Russian shadow fleet vessels
The new law allows the blocking of vessels transporting weapons, military personnel, or working for the Russian Federation in circumvention of sanctions. This was reported by People’s Deputy Oleksiy Honcharenko. On July 16, the Verkhovna Rada of Ukraine supported in the second reading a bill that allows the application of sanctions to vessels and aircraft…

Russian “sailboat Peter the Great” entered Irish port without permission
The Standard sailboat entered an Irish fishing port without warning. Law enforcement officers have launched an investigation.

The EU is preparing to lower the ceiling price for Russian oil – new sanctions are on the way
The new sanctions package includes an updated pricing mechanism and increased control over Russia’s shadow fleet.