EU member nations hope to approve the package by the end of the year, in time to adopt the sanctions on Feb. 24, 2025 — the third anniversary of Russia's full-scale invasion.

A veteran Seychelles-owned VLCC is said to have loaded two Russian oil cargoes from shadow fleet suezmaxes as ship transfers resumed off the Spanish enclave of Ceuta.

The European Union (EU) is moving forward with new sanctions aimed at Russia’s secretive fleet of tankers, which the country uses to move its oil despite international restrictions. This “shadow fleet” is a hidden network of tankers helping Russia sell oil around the world without abiding by price limits.

The European Parliament voted on a resolution Thursday urging the European Union to impose more effective sanctions on the Russian "shadow fleet." This term refers to ships that secretly transport oil despite existing restrictions,

The European Parliament passed a resolution on 14 November, urging the EU to impose targeted sanctions on Russia's so-called shadow fleet, which enables the country to sell oil while circumventing Western price caps.

The EU is preparing new sanctions targeting Russia's shadow fleet of tankers, aiming to disrupt its oil sales and reinforce measures against Moscow.

MEPs have voted for targeted sanctions against Russia's so-called shadow fleet of oil tankers which has allowed Moscow to export large volumes of crude oil and petroleum products despite EU, G7 and international sanctions.

The European Parliament today adopted a resolution calling on the EU to take decisive action against the Russian "shadow fleet" of tankers, used to circumvent EU sanctions imposed over Russia's war of aggression against Ukraine,

The European Union is working on a new package of sanctions aimed at targeting the shadow fleet of tankers Russia is using to get its oil to market, according to people familiar with the matter.