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UK Bans 20 More Shadow Fleet Tankers and Key Energy Networks in New Sanctions

The measure seeks to choke Russia’s war funding by targeting shadow tanker operators alongside support networks.

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Overview

  • London expanded its asset freeze to blacklist 20 more vessels linked to Russia’s shadow fleet used for covert oil shipments.
  • Energy groups Orion Star Group LLC and Rosneft Marine (UK) were sanctioned for their roles in crewing and managing the sanctioned tankers.
  • UK nationals Vladimir Pristoupa and Olech Tkacz were added for operating a shell network that shipped over $120 million of electronics to Russian entities.
  • The Russian Defence Ministry’s deep-sea research arm GUGI was sanctioned over concerns about underwater intelligence gathering and threats to subsea infrastructure.
  • The UK said it will work with G7 partners to lower the $60 per barrel price cap on Russian oil to further cut off Kremlin funding.