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UK Blacklists 70 Shadow-Fleet Tankers as EU Renews Sanctions and Japan Adopts Lower Oil Cap

Zelensky says the package reflects Ukrainian proposals to cut the cash sustaining Russia’s war.

Overview

  • The UK’s new package lists 100 items, including 70 tankers tied to Russia’s shadow fleet, 27 companies linked to the military-industrial complex such as Iskander suppliers, and 3 individuals.
  • Kyiv hailed the measures as a strong strike on covert oil shipping and on supply chains feeding Russia’s weapons production.
  • Japan has joined the reduced $47.60-per-barrel price cap on Russian oil and imposed sanctions on companies connected to Russia’s defense sector, according to Zelensky.
  • EU ambassadors agreed to extend for six months a blacklist covering more than 2,500 people and entities, a decision confirmed by the Danish presidency of the EU Council.
  • Requests by Hungary and Slovakia to remove certain names were not accepted for political reasons, though some entries were dropped for technical reasons, EuroNews reported.