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    1. abitStoic on

      This is a big deal. Previously the Biden admin did not want stricter sanctions on Russian oil because it was fearful that this would increase oil prices and inflation. In response to these new sanctions and the expectation of reduced Russian oil supply, oil prices rose 3.3% (their highest since October).

      Sanctions against Russian ships are more effective than sanctions against their owners (which can be changed).

      Number of sanctioned ships transporting Russian energy by countries:
      – US 200
      – UK 73
      – EU 69

      Total: 270

      It is believed that there are about 600 ships in the Russian shadow fleet, of which about 200 regularly carry oil.

    2. Andrei1958 on

      Does this mean that these tankers will be seized? I hope so.

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