The European Union strengthens maritime sanctions on Russian oil exports

The European Union has approved a new package of sanctions targeting 345 vessels suspected of helping Russia circumvent restrictions on crude oil and refined product exports.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Representatives of the twenty-seven European Union member states have approved a 17th package of sanctions against the Russian Federation. This new set of measures, announced on May 14 by Connaissance des Énergies with AFP, specifically targets a growing fleet of unregistered or anonymous tankers used to bypass the restrictions imposed since the invasion of Ukraine.

Nearly 200 new vessels added to the list

In total, 345 vessels identified as part of Russia’s “shadow fleet” are now subject to European Union sanctions. Among them, nearly 200 units were added in this latest package, following several weeks of diplomatic negotiations. These vessels operate primarily in the Baltic Sea, avoid international regulations, and sail without insurance from Western providers.

In parallel, around thirty entities were sanctioned for allegedly facilitating, according to Brussels, commercial evasion operations orchestrated by Moscow. These organisations are believed to have played a role in the logistics or financing of maritime oil transport in violation of existing sanctions.

A strategic tool at the core of Western pressure

The proliferation of these vessels is a direct response to measures taken by Western countries to limit Russia’s energy revenues. Since February 2022, the European Union has implemented several restrictions on exports of crude oil and refined petroleum products, contributing to the rise of this informal fleet, often composed of old and poorly equipped ships.

According to the Kyiv School of Economics, around 430 ships worldwide are now believed to be involved in such activity. These figures highlight the challenges faced by the European Union in enforcing its measures without tighter control of maritime flows.

Political tensions surrounding a ceasefire

These revised sanctions come amid heightened diplomatic tensions. They are separate from the “massive” measures referenced by several European leaders should Russia continue to reject a proposed 30-day ceasefire already accepted by Ukraine. German Chancellor Friedrich Merz stated on May 13 that in the absence of concrete progress, further actions against Moscow would be considered.

Ukrainian President Volodymyr Zelensky, meanwhile, has called for stricter enforcement of existing sanctions if his Russian counterpart Vladimir Putin fails to attend the proposed peace talks in Turkey.

Russia faces a structural decline in energy revenues as strengthened sanctions against Rosneft and Lukoil disrupt trade flows and deepen the federal budget deficit.
Washington imposes new sanctions targeting vessels, shipowners and intermediaries in Asia, increasing the regulatory risk of Iranian oil trade and redefining maritime compliance in the region.
OFAC’s licence for Paks II circumvents sanctions on Rosatom in exchange for US technological involvement, reshaping the balance of interests between Moscow, Budapest and Washington.
Finland, Estonia, Hungary and Czechia are multiplying bilateral initiatives in Africa to capture strategic energy and mining projects under the European Global Gateway programme.
The Brazilian president calls for a voluntary and non-binding energy transition during COP30 in Belém, avoiding direct confrontation with oil-producing countries.
The region attracted only a small share of global capital allocated to renewables in 2024, despite high energy needs and ambitious development goals, according to a report published in November.
The United States approves South Korea’s development of civilian uranium enrichment capabilities and supports a nuclear-powered submarine project, expanding a strategic partnership already linked to a major trade agreement.
The EU member states agree to prioritise a loan mechanism backed by immobilised Russian assets to finance aid to Ukraine, reducing national budgetary impact while ensuring enhanced funding capacity.
The Canadian government commits $56 billion to a new wave of infrastructure projects aimed at expanding energy corridors, accelerating critical mineral extraction and reinforcing strategic capacity.
Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.
COP30 begins in Belém under uncertainty, as countries fail to agree on key discussion topics, highlighting deep divisions over climate finance and the global energy transition.
The United States secures a tungsten joint venture in Kazakhstan and mining protocols in Uzbekistan, with financing envisaged from the Export-Import Bank of the United States and shipment routed via the Trans-Caspian corridor.
The United States grants Hungary a one-year waiver on sanctions targeting Russian oil, in return for a commitment to purchase US liquefied natural gas worth $600mn.
Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.
Donald Trump announces an immediate reduction in tariffs on Chinese fentanyl-related imports from 20% to 10%, potentially impacting energy flows between Washington and Beijing.
Amman plans to launch tenders for 400 megawatts of solar, wind and storage projects, as part of a strengthened bilateral energy cooperation with Germany.
An emergency meeting led by the European Commission gathers key sectors affected by China's export restrictions on rare earths, ahead of a briefing at the European Parliament.
Manila plans to expand gas and renewable energy production to meet a 6.6% increase in electricity demand over the next two years.
Ottawa and London increased bilateral exchanges to structure strategic cooperation on nuclear energy and critical minerals supply chains, as part of Canada’s G7 presidency.
Donald Trump says he secured Narendra Modi’s commitment to end Russian oil imports, adding political pressure to India-Russia trade relations.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.