Tankers believed to be at heart of illicit operation transporting gas and oil to fund Moscow’s war effort
The UK has taken new steps to clamp down on Russia’s shadow fleet exporting oil and funding Moscow’s war machine, with the Foreign Office announcing sanctions on 10 ships that it believes to be at heart of the operation.
“Russia has been forced to spend over $8bn amassing this shadow fleet. But with sanctioned tankers loitering and unable to load oil, we are determined to make Putin’s investment an expensive misstep for the Kremlin. Our action will help to counter Russian attempts to undermine and dodge economic sanctions.”
The large and recently developed shadow fleet has become the biggest loophole in western efforts to prevent Russia continuing to fund its war through oil exports.
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