UK Announces Largest Of Its Kind Sanctions Package On Russia’s Shadow Fleet

The UK launches its largest-ever sanctions package against Russia’s shadow fleet, targeting vessels secretly transporting Russian oil.

This fleet of 30 oil tankers evades sanctions using fake documents and foreign flags, risking catastrophic oil spills.

In the last year, these ships transported over $4.3 billion worth of oil, fueling Russia's war in Ukraine.

The sanctions also target Russian insurers providing coverage for these vessels, complicating their operations.

The UK leads globally, sanctioning 73 tankers—more than the US and EU combined.

Shadow fleet vessels pose global risks, from violating safety protocols to threatening the environment with oil spills.

With support from 46 countries, the UK aims to cut Russia’s revenue and strengthen Ukraine's defense capabilities.