EU targets Russia’s shadow fleet with new sanctions, hitting businessmen and companies
The EU sanctioned 23 entities and individuals for aiding Russia's shadow fleet, including businessmen linked to Rosneft and Lukoil, with asset freezes and business bans.
- On Monday, the European Union imposed sanctions on 23 individuals and entities tied to Russia's so-called shadow fleet and to disinformation and cyber activities, agreed by EU foreign ministers in Brussels.
- Because the shadow fleet conceals oil origin and uses irregular, high-risk shipping practices, the European Union says its illicit sales fund Moscow's war in Ukraine, reaching buyers in India and China.
- The package singles out nine individuals and entities, including Murtaza Lakhani, Valery Kildiyarov, and four shipping firms such as Nova Shipmanagement LLC-FZ and Citrine Marine SPC.
- Enforcement will focus on cutting insurers and shippers' access as targets face EU asset freezes and EU citizens and companies are barred from business, while member states vow crackdowns on over 400 shadow fleet ships.
- Despite repeated rounds of sanctions, Russia has adapted, continuing discounted sales to India and China, while last month Ukraine struck two shadow-fleet tankers with Sea Baby naval drones as the Council of the EU expanded sanctions.
28 Articles
28 Articles
Russia Hit Hard by Coordinated Sanctions as 20% of Shadow Tankers Stop Sailing, Zelenskyy Says
Ukrainian President Volodymyr Zelenskyy said coordinated international pressure on Russia’s so-called shadow fleet of sanctioned oil tankers has already forced at least 20% of its vessels to halt operations, marking a significant blow to Moscow’s ability to export oil and finance the war, Zelenskyy wrote in a post on Telegram on January 13. Zelenskyy said the assessment was presented during a briefing by Oleh Luhovskyi, first deputy head of Ukra…
US Lawmakers Escalate Pressure on Moscow With Sweeping Sanctions, Shadow Fleet Crackdown
Congress is moving aggressively on two fronts to squeeze Putin’s war economy, pairing a House push for sanctions with a Senate effort to seize oil tankers helping fuel Russia’s invasion.
Brussels adds new names to blacklist in latest Russia sanctions...
European Union ambassadors on December 10 decided on further sanctions against Russia, with a new package adding several individuals and entities to its sprawling blacklist adopted in response to the Kremlin's full-scale invasion of Ukraine nearly four years ago. While not a sweeping sanctions package involving sectoral restrictive measures hitting Moscow as in the past, the new measures focus on five individuals involved in the global oil busin…
EU Imposes Fresh Sanctions on Russia’s Shadow Fleet Backers
The European Union on Dec. 15 announced sanctions against five businessmen and four companies, calling them enablers of Russia’s shadow fleet. The Council of the EU said in a statement that the businessmen are linked directly or indirectly to state-owned Russian oil companies Rosneft and Lukoil and are involved in providing a source of revenue for the Russian government. “Additionally, they control vessels transporting crude oil or petroleum pro…
The European Union has announced new sanctions against Russian companies, individuals and 40 ships, targeting the "phantom fleet " and Kremlin propaganda relays in the context of the conflict in Ukraine. ...
EU Sanctions Target Russia’s ‘Shadow Fleet’ Backers and Disinformation Network
The European Union on Monday imposed a new round of sanctions on 23 individuals and entities linked to Russia’s so-called “shadow fleet” of oil tankers, as well as figures accused of spreading disinformation and carrying out cyberattacks against EU member states.
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