UK Targets Russia’s Shadow Fleet With New Oil Tanker Sanctions

The UK on Thursday imposed the largest round of sanctions to date against Russia’s shadow fleet, designating additional 18 oil tankers and four LNG tankers as it seeks to cut critical revenues for Vladimir Putin. In June, the previous UK government explicitly targeted vessels identified as belonging to the shadow fleet, used by Russia to circumvent UK and G7 sanctions, in the first sanctions directly aimed at the dark fleet. Now the new UK government is imposing sanctions on 18 more shadow fleet oil tankers which will be barred from...