The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to
The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia's war in Ukraine.
The EU has imposed 19 packages of sanctions so far, but Moscow has managed to adapt to most measures and is still selling millions of barrels of oil to India and China, albeit at discounts to global prices. Much of this is transported using a so-called shadow fleet of vessels operating outside of the Western maritime industry.
The latest EU sanctions prohibit the bloc's citizens from doing business with the listed companies and individuals, reducing their access to shipping and insurance providers. The EU has listed more than 2,600 individuals and companies in total.
The EU has targeted nine individuals and entities supporting Russia's shadow fleet of oil tankers, the Council of the European Union and the EU's Official Journal said, referring to businessmen linked to oil companies Rosneft and Lukoil as well as shipping companies that own and manage tankers.
The EU is expected by analysts to list more than 40 ships in Russia's shadow fleet this week, bringing the total to
Content Original Link:
" target="_blank">
