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 oil revenue that helps fund Russia’s war efforts in Ukraine, with UK officials describing the move as a direct blow to President Putin’s financial resources. The sanctions also target Lukoil’s Dubai-based trading arm and a shipping company operating flag registries used by the shadow fleet. Analysts say the shadow fleet has moved billions of dollars in oil since 2024, often using aging vessels and questionable insurance.
The UK’s action is part of a broader Western effort, alongside the EU, to tighten enforcement and close loopholes in sanctions against Russia’s energy sector.
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