Restrictions have made it costlier for Russia to ship oil by sea. But they have also expanded the illicit shipping economy, with lasting consequences.
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Restrictions have made it costlier for Russia to ship oil by sea. But they have also expanded the illicit shipping economy, with lasting consequences.
By Jeanna Smialek
Discover how Western sanctions against Russia's maritime sector are reshaping global trade and impacting economies worldwide.
Britain and the European Union have imposed sweeping sanctions targeting Russia, particularly its shadow fleet of oil tankers,…
The European Council on Monday sanctioned five people and four organizations accused of supporting the country's so-called shadow…
As Western-insured tankers stop loading Russian crude because of the new EU cap, the "shadow fleet" may rule supreme.
The new package of sanctions is intended to delay a scheduled review of the price cap on Russian oil, which has surged following…
LONDON: The UK on Tuesday tightened its sanctions on Russia’s so-called shadow fleet, slapping bans on 20 more ships and…
