Overview

• On June 17, Britain added 20 vessels and 10 entities linked to Russia’s covert tanker network to its sanctions list.
• The restrictions target key players in Moscow’s energy sector by freezing holdings of firms such as Rosneft Marine.
• Prime Minister Keir Starmer said the steps strike at the core of Putin’s war machine and promised further tightening.
• Research from the Centre for Research on Energy and Clean Air shows a 19 percent drop in shadow fleet oil shipments between January and May 2025.
• Discussions at the recent G7 summit failed to bolster the oil price cap after President Trump objected on cost grounds.