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Polihistor

Russian ghost fleet under fire

On 17 October 2024, the UK announced its toughest ever sanctions targeting the Russian ghost fleet.

A network of tankers is hiding the origin of Russian oil to circumvent the embargo. These restrictions are designed to hamper exports, the Kremlin's most important source of funding. The new sanctions will further limit the Russian fleet's ability to operate in global markets, reinforcing economic pressure on the country. Will these measures undermine Ukraine's ability to finance the war?