{"id":1329338,"date":"2025-12-05T20:30:34","date_gmt":"2025-12-05T18:30:34","guid":{"rendered":"https:\/\/prm.ua\/g7-and-eu-discuss-maritime-embargo-on-russian-oil\/"},"modified":"2025-12-05T20:30:34","modified_gmt":"2025-12-05T18:30:34","slug":"g7-and-eu-discuss-maritime-embargo-on-russian-oil","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/g7-and-eu-discuss-maritime-embargo-on-russian-oil\/","title":{"rendered":"G7 and EU discuss maritime embargo on Russian oil"},"content":{"rendered":"<p class=\"p1\"><strong><span class=\"s1\">The G7 countries and the European Union are negotiating<\/span> <span class=\"s2\">a complete ban on the seaborne transport of Russian oil<\/span> <span class=\"s1\">, which could replace the current price cap mechanism.<\/span><\/strong><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">Reuters <a href=\"https:\/\/www.reuters.com\/business\/energy\/eu-g7-weigh-ban-maritime-services-russian-oil-exports-end-price-cap-2025-12-05\/\" rel=\"nofollow noopener\" target=\"_blank\">reports<\/a> this.<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">According to the agency, the new sanctions initiative is aimed at sharply reducing Russia&#8217;s oil revenues, which continue to finance the war in Ukraine. Reuters notes that more than<\/span> <span class=\"s2\">a third of Russian oil is currently exported using tankers owned by Western companies<\/span> <span class=\"s1\">, including from Greece, Cyprus and Malta, and mainly goes to India and China. A complete maritime embargo could effectively stop this part of the trade.<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">The other two-thirds of Russia&#8217;s exports are carried by the so-called &#8220;shadow fleet&#8221; &#8211; hundreds of old, often unregulated tankers. If the West adopts a new restriction, Russia will have to significantly expand its shadow fleet to maintain supply volumes.<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">Three sources told the agency that<\/span> <span class=\"s2\">the maritime ban could be included in the next EU sanctions package<\/span> <span class=\"s1\">, which is planned to be implemented in early 2026. At the same time, Brussels is seeking to agree on a solution in the broader G7 format before moving forward at the European Union level.<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">According to Reuters, the idea is being more actively promoted by representatives of the United States and Great Britain. However, Washington&#8217;s final position will depend on what pressure strategy the Donald Trump administration chooses in the context of ongoing negotiations to end the war in Ukraine.<\/span><\/p>\n<p> It was previously reported that <a href=\"https:\/\/prm.ua\/tinovyy-flot-pid-udarom-yes-i-ssha-hotuiut-novi-obmezhennia\/\"><span class=\"s1\">the European Union and the United States are working on further strengthening sanctions against Russia and joint actions against its so-called &#8220;shadow fleet.&#8221;<\/span><\/a><\/p>\n<p> Recall that <a href=\"https:\/\/prm.ua\/kytay-pereymaie-metody-kremlia-stvoriuie-siryy-flot-dlia-torhivli-hazom-iz-rf\/\">China has begun to form its own &#8220;shadow fleet&#8221; of gas tankers, which will allow the country to import Russian liquefied gas, which is under US sanctions.<\/a><\/p>\n<p> Also follow <strong>\u201cPryamim\u201d<\/strong> on <a href=\"https:\/\/www.facebook.com\/pryamiy\/\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> , <a href=\"https:\/\/twitter.com\/prm_ua\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a> , <a href=\"https:\/\/t.me\/+rtV4dxYu2_cyNjVi\" target=\"_blank\" rel=\"noopener nofollow\">Telegram<\/a> , and <a href=\"https:\/\/www.instagram.com\/pryamiy\/\" target=\"_blank\" rel=\"nofollow noopener\">Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The G7 countries and the European Union are negotiating a complete ban on the seaborne transport of Russian oil , which could replace the current price cap mechanism. Reuters reports this. According to the agency, the new sanctions initiative is aimed at sharply reducing Russia&#8217;s oil revenues, which continue to finance the war in Ukraine. [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":1246377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76871,76872],"class_list":["post-1329338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-news-feed"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1329338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1329338"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1329338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1246377"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1329338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1329338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}