EU tries to sink the shadow fleet
Hello! Welcome to your weekly guide to the Russian economy, written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. This week we analyze why the EU’s latest package of sanctions on Russia, targeting oil exports and the shadow fleet, could be one of its most effective yet, if it can get approved.
Sanctions plan could deliver big blow to Russia’s shadow fleet — if approved
As Russia and Ukraine intensify negotiations, the EU is increasing the sanctions pressure on the Kremlin. Its latest proposed package of sanctions — the 20th since the invasion — has several potentially effective measures, but they are unlikely to be implemented quickly.
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