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19h ago

UK Expands Sanctions on Russia’s Shadow Fleet Targeting $24 Billion in Oil Exports

Prime Minister Starmer announces measures to dismantle Kremlin’s covert tanker operations and protect critical infrastructure at a Joint Expeditionary Force meeting in Norway.

Starmer said 'the threat from Russia to our national security cannot be underestimated' (Photo: Toby Melville - WPA Pool/Getty Images)
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Overview

  • The UK has imposed sanctions on up to 100 Russian oil tankers that have transported over $24 billion worth of cargo since early 2024.
  • Prime Minister Keir Starmer vowed to destroy Russia’s shadow fleet, a network of unmarked tankers evading sanctions to fund the Kremlin's war in Ukraine.
  • The shadow fleet has been linked to damage of undersea infrastructure, including reported harm to a Baltic Sea cable, due to unsafe operations.
  • The sanctions announcement coincides with a Joint Expeditionary Force meeting in Norway, where leaders of 10 European nations are discussing enhanced support for Ukraine.
  • Planned initiatives at the JEF summit include military training, a disinformation crackdown, and a UK-Norway agreement on space domain awareness.