Russia’s oil income hit by falling prices and sanctions
Russia’s key source of revenue, crude oil exports, is under increasing strain. A combination of international sanctions, falling…
EU Ramps Up Pressure on Russia’s Economy with 17th Sanctions Package
BRUSSELS/PARIS, May 14 (Reuters) – The European Union must focus on a new sanctions package to suffocate Russia’s economy and force President…
Explainer-Key points about Russia’s ‘shadow fleet’ of oil tankers
By Jesus Calero, Agnieszka Olenska and Anne Kauranen (Reuters) – Western sanctions imposed on Russia for invading Ukraine…
Russian Jet Buzzes Estonian Forces in Gulf of Finland Shadow Tanker Showdown
A tense maritime incident unfolded today in the off the Estonian coast when Estonian naval forces attempted to…
UK to Slap Sanctions on 100 Russian-Oil Carrying Tankers
The UK government will impose sanctions on as many as 100 tankers that it says are used to…
In a further blow to Russia’s shadow fleet, EU now requires all vessels to be insured
Intensifying its efforts to crack down on Russia’s shadow fleet, the European Union (EU) has adopted another measure.…
EU Expands Maritime Reporting Requirements to Combat ‘Shadow Fleet’ Risks
The European Commission has strengthened its maritime safety regulations by implementing new mandatory insurance reporting requirements for all…
Russia continues to sell oil using ‘shadow fleet’ bought from European shipowners
Russia, under various European sanctions and a $60-per-barrel oil cap since December 2022, is allegedly still selling oil…
Tanker Market Turns Red Hot as Dark Fleet Gets Squeezed
While the world watches the unhinged actions of the new Trump administration—playing Geopolitics 101 for Dummies—leaving Europe’s security…
Russia Faces An Impending Oil Tanker Crisis As Sanctions Pile Up
By Julian Lee Feb 7, 2025 (Bloomberg) –On Jan. 10, the US Treasury sanctioned 161 oil tankers for their…
Trump’s Iran Sanctions Hit 3 Ships Involved In China Trade
By Alex Kimani – Feb 07, 2025, 11:00 AM CST
3 vessels carrying Iranian crude to China…
Putin’s Shadow Fleet May Have NATO Origins: Report
More than a third of ships used by Russia’s “shadow fleet” to skirt around sanctions were previously owned…