Western sanctions have already bifurcated global trade. Now, enforcement is similarly diverging: while the EU introduces a dynamic price cap mechanism, alongside the UK; the United States continues to uphold its $60 per barrel cap.

For the first time, flag registries and a refinery were directly sanctioned, amid sweeping adoption of secondary sanctions to tackle Russia sanctions evasion outside the EU27.

Expansion of Dark Fleet Sanctions

105 new vessels were added to the EU sanctions list which bans access to EU ports.

These tankers are part of the broader “dark fleet” used to evade the oil price cap through deceptive shipping practices such as:

• Flag hopping and the use of fraudulent registries
• AIS manipulation
• Deliberately complex ownership and management structures

More than 440 tankers are now sanctioned by the EU.

100% of the newly sanctioned vessels were flagged as risky by Windward prior to their designation, mostly due to port calls in sanctioned regimes, dark activity, Location (GNSS) Manipulation, illicit ship-to-ship transfers, and suspicious cargo…

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