The EU introduced sanctions targeting the shadow fleet of aging tankers Russia uses to sell crude oil above price caps. These poorly maintained ships operate with obscure ownership and rely on flags from nations reluctant to enforce Western restrictions. Their deceptive methods include falsifying records and disabling tracking devices.
The fleet’s condition raises environmental concerns, as Brussels warns of potential oil spills near European waters. Despite the risks, Russia continues to use these ships to fund its war in Ukraine. The EU’s latest sanctions aim to curb these practices and limit Moscow’s revenue.
Broader Sanctions on Oil and Drones
The sanctions include 50 shadow fleet ships and Chinese companies accused of supporting Russian drone production. This is the EU’s 15th sanctions package since Russia’s invasion of Ukraine began. It builds on previous measures that blacklisted 27 vessels and banned them from accessing EU ports and services.
EU officials, led by Ursula von der Leyen, stressed the need to maintain pressure on the Kremlin. Russia earned €475 billion from oil exports between 2022 and 2024, making the sector vital for its war economy. By targeting the shadow fleet, the EU hopes to disrupt Moscow’s financial lifeline and reduce risks to the environment.