EU Intensifies Crackdown on Russia's Shadow Fleet with New Sanctions

The European Parliament is set to vote on measures targeting Russia's shadow fleet, aiming to impose sanctions on vessels and entities involved in transporting Russian oil. The measures include banning Western vessels from transporting Russian oil, requiring proof of insurance for ships in EU waters, and enhancing monitoring of ship activities. The initiative follows the UK's crackdown on tankers with dubious insurance in the English Channel and calls for international cooperation to enforce oil price caps and prevent illegal maritime operations by the shadow fleet.