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Sanctions Ukraine crisis Tankers and Gas

Trump signs Russia sanctions law targeting oil buyers and shadow fleet

  • Trump has signed a new Russia sanctions law allowing tariffs of up to 100% on leading importers of Russian oil and gas, including China and India
  • The legislation expands sanctions targeting Russia’s shadow fleet, exposing vessel owners, insurers and port operators to new enforcement risks
  • Beijing has condemned the measure as an illegal unilateral sanction, raising the prospect of fresh trade tensions alongside tougher sanctions enforcement

  • News

New US legislation gives Donald Trump the power to impose tariffs of up to 100% on big buyers of Russian energy and expands sanctions targeting Moscow’s shadow fleet, raising fresh risks for shipping, energy trade and maritime services

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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