EU Approves New Sanctions Targeting Russia’s Shadow Tanker Fleet

Representatives of the EU’s 27 member states approved on Wednesday a new sanctions package against Russia, targeting another nearly 200 tankers of the shadow fleet Russia uses to ship its oil to markets. 

The 17th sanctions package is expected to be officially endorsed and adopted by a meeting of the EU’s defense ministers on Tuesday next week. 

The latest sanctions target the shadow fleet which Russia has been using for years to skirt the Western sanctions and the $60 per barrel price cap on its crude oil sales. 

The package also includes designations of Russian individuals over cyber attacks, sabotages, and human rights violations in Europe, according to France 24. 

The 17th sanctions package expands the EU sanctions against Russia’s shadow fleet. Earlier this year, the bloc agreed on a package of sanctions against Moscow, including a ban on Russian aluminum imports and the designation of 73 shadow fleet vessels. The package from February, the 16th since the Russian invasion of Ukraine, expanded the scope of the criteria to use to sanction vessel owners and operators of the Russian shadow tanker fleet, including captains.

Commenting on the initial EU agreement on the 17th sanctions package, European Commission President Ursula von der Leyen said on X “We are further restricting access to battlefield technology. And we have listed an additional 189 shadow fleet vessels to target Russia’s energy exports.”

Von der Leyen added, “This war has to end. We will keep the pressure high on the Kremlin.” 

The EU and the U.S. have now turned their attention to Turkey, which is expected to host direct Ukraine-Russia talks on Thursday. Ukrainian President Volodymyr Zelenskyy has said he will travel to Turkey and expects to negotiate with Vladimir Putin himself and none other. 

Russia has not yet said who will fly to the talks in Istanbul, while Putin resists calls to agree to a 30-day ceasefire. 

Some EU leaders, including German Chancellor Friedrich Merz and French President Emmanuel Macron, have warned Russia that more sanctions would follow if Moscow continues to resist a ceasefire. 

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com

 

  • Related Posts

    Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit

    European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq warned it could leave OPEC unless the producer group…

    Saudi Arabia Set to Slash Oil Prices as Hormuz Reopens

    Saudi Arabia is expected to slash the official selling prices of its crude loading for Asia in August, as Middle East’s crude benchmarks crashed amid the tentative reopening of the…

    Have You Seen?

    Oil Prices Dive as More Tankers Move Through Strait of Hormuz

    • June 27, 2026
    Oil Prices Dive as More Tankers Move Through Strait of Hormuz

    AMERICAN ENERGY SNAPSHOT: America’s Strategic Petroleum Reserve

    • June 27, 2026
    AMERICAN ENERGY SNAPSHOT: America’s Strategic Petroleum Reserve

    Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion

    • June 27, 2026
    Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion

    US Natural Gas Drops on Cooler Outlooks as July Contract Expires

    • June 27, 2026
    US Natural Gas Drops on Cooler Outlooks as July Contract Expires

    US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says

    • June 26, 2026
    US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says

    Chevron Eyes More Deals to Power US Data Centers

    • June 26, 2026
    Chevron Eyes More Deals to Power US Data Centers

    US Diesel Refining Economics Remain Firm Despite Iran War Truce

    • June 26, 2026
    US Diesel Refining Economics Remain Firm Despite Iran War Truce

    US Refining Capacity Fell by 263,000 Barrels Per Day in 2025, Says EIA

    • June 26, 2026
    US Refining Capacity Fell by 263,000 Barrels Per Day in 2025, Says EIA

    Qatar Offers First Crude Loadings to Buyers Since War Began

    • June 26, 2026
    Qatar Offers First Crude Loadings to Buyers Since War Began

    China’s Crude Imports Set to Hit Weakest Level Since 2016

    • June 26, 2026
    China’s Crude Imports Set to Hit Weakest Level Since 2016