US Edition
Sanctions and Oil Price Pressures Build on Russian Revenues
RUSSIA, AUG 5 – The Trump administration aims to cut funding for Russia's war by sanctioning its shadow fleet, which helps Moscow bypass Western price caps on oil exports, officials said.
- On August 5, 2025, the Trump administration is weighing additional sanctions on Russia's 'shadow fleet' if President Vladimir Putin does not agree to a ceasefire by Friday, FT reported.
- These tactics allow the shadow fleet to evade Western insurers and logistics, despite Biden-era sanctions on over 200 named Russian crude, chemical, and product tankers, FT reports.
- Last month, the EU added over 100 ships to its sanctions list, raising the total to 415, with recent efforts to sanction these ships showing success, including 213 vessels reducing Russian crude transport.
- This move could force Russia to seek alternative workarounds if it does not strike a ceasefire deal by Friday, potentially tightening global tanker availability and disrupting trade routes.
- Amid a high-stakes deadline, oil markets are likely to watch the Friday countdown closely, risking volatility and supply tightening.
26 Articles
26 Articles
Russian President Vladimir Putin and White House envoy Steve Witkoff had a helpful and constructive conversation. He said that Russian President Ushakov's assistant said that...
Russia has until Friday to end the war in Ukraine. Otherwise, economic measures await from the US. This could mean sanctions against the economic pump at sea – the shadow fleet, reports the Financial Times.
People familiar with the matter told the Financial Times that US President Donald Trump is considering imposing new sanctions on the Russian shadow fleet.
Trump Targets Russian Shadow Fleet with Fresh U.S. Sanctions.
PULSE POINTSWHAT HAPPENED: The Trump administration is considering additional sanctions on Russia’s “shadow fleet” of oil tankers if Vladimir Putin does not agree to a ceasefire in Ukraine by Friday.WHO WAS INVOLVED: The Trump administration, Russian President Vladimir Putin, and the shadow fleet of oil tankers.WHEN & WHERE: Sanctions under consideration as of this week; targeting Russia’s maritime oil export operations.KEY QUOTE: “Further measu…
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