Ukraine identifies vast Russian oil fleet aiding war efforts, EU to sanction 50 ships.

Ukraine has identified a large "shadow oil fleet" of over a thousand poorly maintained Russian vessels, claiming it generates billions for Putin's war efforts. The fleet, totaling over 100 million tons, is about 17% of the world's oil tankers. Ukraine has called for EU sanctions on this fleet, and the EU has agreed to new sanctions targeting about 50 of these ships involved in supporting Russia's actions against Ukraine. This move is part of ongoing sanctions since Russia's invasion in 2022, with over 2,300 entities currently under EU restrictions.

3 months ago
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