Zelenskyy signs law to sanction Russia’s “shadow fleet” of oil tankers and aircraft

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Zelenskyy signs law to sanction Russia’s “shadow fleet” of oil tankers and aircraft


Ukrainian President Volodymyr Zelenskyy signed a brand new regulation on July 30 permitting sanctions towards vessels and plane concerned in covert Russian operations to move oil, weapons, and army personnel.

The regulation additionally updates Ukraine’s sanctions framework to permit restrictions on any vessel or plane thought of a menace to the nation’s nationwide safety, sovereignty, or territorial integrity. Ukraine’s Security Service (SBU) and intelligence businesses will oversee the identification and monitoring of such vessels.

Western allies have more and more targeted on dismantling Russia’s shadow fleet. Earlier in July, the EU focused over 100 ships as a part of its 18th sanctions bundle, whereas the U.Ok. imposed sanctions on 135 Russian oil tankers and two delivery firms. Both the EU and the U.Ok. additionally agreed to decrease the worth cap on Russian crude oil from $60 to $47.60 per barrel.