Western officials believe the strategy is proving effective in undermining Moscow’s ability to export crude
The UK is to target 11 more Russian-linked oil tankers with sanctions, as part of a strategy that some of Ukraine’s western allies believe has proved effective at undermining the ability of the Kremlin to export crude. Western officials are increasingly confident that targeting individual tankers with sanctions is thwarting Russia’s ability to ship oil more effectively than focusing on the companies that own or operate vessels that Moscow uses to circumvent western restrictions on oil sales.
” Benjamin Hilgenstock, an oil sanctions expert at the Kyiv School of Economics Institute, said: “It turns out that if you put the name that’s painted on the side of the ship on the sanctions list, then it’s much harder for the Russian oil exporters to use these vessels.” The move by the UK, US and EU to target individual tankers marks a more aggressive approach to curbing Russian oil exports.
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