The United Kingdom has imposed a major new round of sanctions targeting Russia’s so-called 'shadow fleet'—a network of 135 oil tankers and two associated companies used to secretly transport Russian oil and evade existing international restrictions.
These measures are designed to disrupt the flow of billions of dollars in oil revenue that help fund Russia’s war in Ukraine. The sanctions also target Lukoil’s Dubai-based trading arm and a UAE-based shipping company, reflecting a broader Western effort to clamp down on the infrastructure enabling Russia’s illicit oil trade. The UK government says these actions will significantly restrict the Kremlin’s access to vital energy funds.
This move is part of a coordinated push with the EU to tighten enforcement and close loopholes in the sanctions regime.
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