U.S. Targets Russia’s Oil Tanker Fleet—Even Before They Set Sail
In a historic first, the U.S. has imposed sanctions on six Russian oil tankers still under construction, aiming to disrupt Russia's oil trade.
These sanctions target tankers being built at the Zvezda shipyard, including Alexander Beggrov, Alexey Bogolyubov, and three unnamed vessels.
Sovcomflot and Rosnefteflot, two Russian companies tied to the ships, are already under U.S. sanctions, adding to the mounting pressure.
The move aims to cripple Russia’s “shadow fleet,” used to bypass the G7’s $60 price cap on Russian oil exports.
Experts predict the sanctions will make it harder for Russia to finish the tankers, further exacerbating its shortage of oil transport vessels.
With Zvezda, Russia’s premier shipyard, also sanctioned, shipping costs are surging, and global markets are feeling the impact.
With Zvezda, Russia’s premier shipyard, also sanctioned, shipping costs are surging, and global markets are feeling the impact.