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The main oil magnate of Russia and the principal shareholder of Lukoil, Vagit Alekperov (currently under sanctions), has constructed a… READ MORE
The EU has banned transactions with 20 banks, including WB Bank and Russian Standard, and imposed measures against the A7A5 stablecoin and the digital ruble. The European Union has approved new sanctions against Russia, targeting 120 individuals and companies. The Council of the EU notes that this is the largest sanctions package in the last…
Greek Shipowners and Russia’s Shadow Fleet Greek shipowners launched a large-scale campaign to resell high-capacity tankers that had previously transported Russian cargoes. Nevertheless, major Greek shipping corporations continue to play a key role in the operation of Russia’s shadow fleet. Among the companies that operated tankers transporting hundreds of millions of tons of Russian oil…
The Chinese tanker Rich Starry, which is subject to US sanctions, passed through the Strait of Hormuz on Tuesday, despite the US Navy’s blockade of the key waterway, shipping data showed. This appears to be the first vessel to successfully transit the Strait of Hormuz and leave the Persian Gulf since the blockade began, according…
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