Sanctions on tankers with Russian oil. Biden’s last package is supposed to be very extensive

Probably, the latest sanctions package of the Biden administration should be quite extensive and, in addition to tankers, it should also focus on persons involved in the oil trade. This is another step by which Biden’s people are trying to secure Ukraine’s support before the re-elected Donald Trump returns to the Oval Office on January 20. His position on sanctions against Russia is unclear, reports Ukrainska Pravda.

The US imposed sanctions on Russian oil tankers for the first time shortly after the beginning of the Russian invasion of Ukraine.

The Kremlin is relatively successful in avoiding them by using vessels from its shadow fleet to transport oil. According to maritime transport experts, these are in poor condition and pose a risk of oil spills.

It is not yet clear what the new sanctions package of Biden’s team will ultimately contain. According to some sources, there is also a debate about strict sanctions on the Russian energy sector. American Finance Minister Janet Yellen, in turn, stated that the United States does not rule out sanctions on Chinese banks, which would also reduce earnings from Russian oil.

In the past, the Bloomberg agency reported that the G7 group of states is considering lowering the price limit below which Russian oil can be sold without being subject to sanctions. The European Union, in an attempt to prevent Russia from circumventing sanctions with the help of a shadow fleet, imposed the fifteenth package of sanctions on Russia already on December 16.