EnergyWatch

Oil shipping states get loophole in EU's new Russia sanctions

In a new sanctions package against Russia, the EU cracks down on exporting the warring nation’s crude to third countries – despite protests from countries like Greece and Malta. However, several states are given leeway in new sanction demands the EU Commission otherwise considers ”water-tight”.

(ARKIV / ILLUSTRATION) | Photo: PR / Euronav

PRAGUE – Looking forward, tankers carrying Russian oil to third countries will be required to provide crystal-clear documentation attesting to not sending any extra profit into the Kremlin’s wartime coffers.

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