Source: Independent [UK]
“The European Union has adopted its latest package of sanctions, directly targeting companies and individuals accused of assisting Moscow in circumventing Western restrictions on oil exports. … Despite 19 previous rounds of sanctions, Russia has largely adapted to the measures, continuing to sell millions of barrels of oil to countries such as India and China, albeit at discounted rates. Much of this trade relies on a so-called ‘shadow fleet’ of vessels operating beyond the reach of the Western maritime industry. The new EU sanctions prohibit citizens of the bloc from conducting business with the newly listed entities and individuals. This move aims to significantly reduce their access to major shipping and insurance providers. In total, the EU has now sanctioned more than 2,600 individuals and companies.” (12/15/25)
https://www.independent.co.uk/news/world/europe/eu-russia-ukraine-war-sanctions-b2884809.html