Maritime Sanctions

OFAC and European Allies Tighten the Net on Russian Oil Trade

In the last several weeks, U.S. and European regulators moved to tighten enforcement of maritime sanctions on Russian oil exports, blacklisting additional companies, vessels and individuals while regional governments scrubbed each other’s lists. Overall market data showed Russian crude exports reacting negatively to the latest of these measures; an incident involving one of those tankers in the Black Sea underscored how their operational and security risks were rising.

EU and Global Regulators Step Up Sanctions Enforcement against Russian Shadow Fleet

The European and international authorities escalated sanctions pressure against Russia’s shadow fleet operations in late November 2025. The EU General Court dismissed cases against challenges to sanctions listings while coordinated efforts between OLAF and Europol targeted networks involved in circumvention attempts. Ukraine sanctioned 56 vessels involved in illegal port calls. Canada tripled its shadow fleet designations to 100 vessels.