EU approves new sanctions package targeting Russia's 'shadow fleet'

Oil tankers are seen at the Sheskharis complex in Novorossiysk port, Russia – one of the largest facilities for oil and petroleum products in southern Russia, on 11 October 2022. © AP

The EU has given the greenlight to a fresh round of sanctions against Russia, sharpening its focus on the Kremlin’s 'shadow' oil fleet and foreign companies accused of aiding its war machine.

The European Union has approved a powerful new round of sanctions on Russia, stepping up pressure on the Kremlin as hopes for a breakthrough ceasefire in Ukraine begin to gather momentum.