EU targets Russia's shadow fleet with new sanctions, hitting businessmen and companies

Dec 16, 2025 - 08:00
EU targets Russia's shadow fleet with new sanctions, hitting businessmen and companies
The European Union on Monday slapped sanctions on five businessmen linked to Russian state-owned oil companies Lukoil and Rosneft and targeted companies accused of circumventing sanctions on Russian oil by running ships for Moscow's shadow fleet of aging oil tankers.