European Union targets Russia’s revenue from oil shipping networks to pressure Moscow over Ukraine.
The European Union today advanced a pivotal sanctions package targeting Russia’s energy sector, focusing specifically on vessels in the so-called “shadow fleet”—tankers operating outside traditional oversight. This move is part of a coordinated effort to clamp down on the revenue flowing to the Kremlin amid its military campaign in Ukraine.
By sanctioning both the vessels and intermediaries facilitating covert oil shipments, Brussels aims to reduce Moscow’s war-financing capabilities. EU officials emphasize that this sends a clear message: evasive tactics will face serious consequences.
Member states also pledged to strengthen collaboration with the U.S., even as some shift purchasing strategies for liquefied natural gas (LNG). Analysts suggest the effectiveness of the sanctions hinges on enforcement—tracking vessels and prosecuting non-compliant actors.
The EU hopes this financial pressure will deter Russia and bolster Ukraine’s defense.
I'm Adedayo Obadina
Talksocialtalks
