The newly passed sanctions hit hard at the core of Russia's economy, especially its energy, banking and military sectors, and are designed to cut down Russia's ability to finance its war on Ukraine.
Ukrainian President Volodymyr Zelenskyy on Wednesday (local time) expressed his gratitude for the European Union's adoption of its 17th sanctions package against Russia while advocating for even stronger measures to pressure Moscow into ceasing hostilities in the war.
The European Union and the United Kingdom unveiled new sanctions targeting Russia's economy, shadow oil fleet, and military supply chains on Tuesday. The EU adopted its 17th and most extensive sanctions package, while the UK imposed 100 fresh sanctions, including on financial institutions, m
Bruce said that the refinery purchased millions of barrels of oil from Iran. She added that the US was further sanctioning entities and vessels in Iran's shadow fleet.
Finnish authorities detained an oil tanker on Thursday over suspicions of involvement in damaging critical undersea cables, with indications that the vessel may be linked to Russia's "shadow fleet" designed to bypass Western sanctions, according to a report by The New York Times.