Photo: ndtv.com
EU Boosts Inspections to Combat Russia's Hidden Oil Tanker Fleet
The European Union is enhancing inspections of Russias shadow fleet of oil tankers to curb funding for the Ukraine war, following Frances recent vessel detention.
- France recently detained the oil tanker named Boracay, suspected to be part of Russias shadow fleet supplying petroleum to circumvent sanctions.
- The European Union aims to bolster inspection capabilities among its 27 member states to target vessels linked to Russias illicit oil transport.
- This initiative aligns with the EUs ongoing sanctions, having already blacklisted hundreds of entities to reduce revenue streams for Russia amid its conflict in Ukraine.
Why It Matters
This move by the European Union is crucial in limiting Russias ability to fund its military operations in Ukraine, reflecting broader efforts to enforce sanctions and maintain pressure on Moscows economy.