EU Eyes Sanctions on Fake Flags Used by Russia Shadow Oil Fleet

BloombergTuesday, October 7, 2025 at 11:37:17 AM
EU Eyes Sanctions on Fake Flags Used by Russia Shadow Oil Fleet
The European Union is taking a strong stance against Russia's shadow oil fleet by proposing sanctions on three companies that have been supplying fake flags to sanctioned oil tankers. This move is significant as it aims to tighten the noose around illicit oil trade and uphold international sanctions, showcasing the EU's commitment to combating evasion tactics used by Russia.
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