EU sanctions target nearly 200 Russia-linked ships

European Union countries have agreed to impose a new raft of sanctions against Russia, including those targeting nearly 200 ships in the so-called shadow fleet used to circumvent restrictions on oil and gas exports.

The new round of sanctions, set to be adopted next week, comes as Moscow and Kyiv may hold their first peace talks in Istanbul on Thursday.

The wide-ranging 17th package of sanctions is expected to see 189 ships blacklisted, bringing the total list to some 340, mostly aged tankers.

“I welcome the agreement on our 17th sanctions package against Russia,” European Commission President Ursula von der Leyen said on X, adding: “This war has to end. We will keep the pressure high on the Kremlin.”

The new set of steps further includes restrictions on 30 companies involved in the trade of dual-use goods, while 75 individuals and entities will be listed for their links to Russia’s military-industrial complex.

The measures also target Russia’s hybrid operations, including propaganda outlets or vessels and entities involved in the sabotage of underwater cables, airports, or servers.

Last week, the UK unleashed its biggest sanctions package on the shadow fleet, targeting around 100 more tankers, after previously blacklisting around 130 vessels linked to Russian oil trade.

Source: Splash247.com

We give you energy news and help invest in energy projects too, click here to learn more

Crude Oil, LNG, Jet Fuel price quote

ENB Top News 
ENB
Energy Dashboard
ENB Podcast
ENB Substack

About Stu Turley 4720 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.