UK Sanctions Russia's 'Shadow Fleet' of Oil Tankers
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The UK is set to announce new sanctions targeting Russia's 'shadow fleet' of oil tankers, which have circumvented existing sanctions. Up to 100 vessels, transporting over £18 billion in cargo since 2024, will face restrictions, including bans from British ports. The move, announced at a Joint Expeditionary Force (JEF) summit in Oslo by Prime Minister Sir Keir Starmer, aims to cripple Russia's war effort by cutting off oil revenues and protecting undersea infrastructure. The UK previously sanctioned 133 such vessels in December 2024. Other JEF members are also expected to bolster support for Ukraine.
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