G7 countries want to force Russia to transport oil using Western tankers
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Member states of the Group of Seven (G7) plan to take measures to limit Russia’s ability to use the “shadow fleet” of vessels for transporting oil. This statement was made on Wednesday, February 7, by Olga Dimitrescu, a representative of the British Office of Financial Sancions Implementation (OFSI).
As Dimitrescu said, “we are making it more difficult for Russia to use its ‘shadow fleet’, which in turn will return traffic volumes to the G7 fleet, in which service providers comply with price ceilings.”
She called tightening supervision over compliance and implementation of this mechanism a common priority of the G7 countries.
Meanwhile, the notorious “shadow oil fleet” created by Russia to circumvent Western sanctions stays afloat, despite the actions of the Yemeni Houthis, who, with their attacks on sea vessels, disrupt international cargo transportation in the Red Sea. At the same time, tankers carrying Russian oil are exposed to less risks than ships whose owners are associated with the USA, Israel and the UK.
In particular, the US military confirmed Houthi attack on tanker Marlin Luanda in the Gulf of Aden. London announced that Britain and its allies “reserve the right to respond appropriately” to the incident.
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