EU to Propose More Sanctions on Russia’s ‘Shadow’ Oil Tankers
Ships and bulk carriers anchored offshore.
Photographer: Aparna Nori/BloombergThis article is for subscribers only.
The European Union’s executive arm is set to propose a new package of sanctions targeting Moscow’s covert fleet of oil tankers as it seek to crank up pressure on Russia over its war against Ukraine.
The sanctions suggested by the European Commission will cover 60 individuals and entities as well as include restrictions on some 150 vessels, according to people familiar with the matter. That would bring the total number of listed ships to more than 300, one of the people said. They spoke on condition of anonymity to discuss private deliberations.