Congestion at sea - the main scheme
Publications. Financial Times found that the Indian tanker was carrying out transshipment of oil from Russian sanctioned vessels in international waters. After that, the raw materials were officially registered as Indian and resold to third countries, The country has been able to circumvent the restrictions imposed by the West.
Such operations make it difficult to trace the origin of oil and allow Russia to Maintain foreign exchange earnings flows, despite the embargo and price band restrictions.
The effect of sanctions and strikes on refineries
According to Bloomberg, Despite these schemes, Russian oil exports fell to the lowest level since 2022. The reasons are Ukrainian Strikes on Russian oil refineries and increased sanctions pressure from the EU and G7.
In particular, attacks on facilities deep in Russian territory have significantly reduced oil refining and fuel exports, leading to Reduction in Russian budget revenues.
International reaction
Analysts say the West is finding it increasingly difficult control illegal supply routes through third countries. New mechanisms for monitoring and sanctions against “shadow fleet”, which is actively used by the Kremlin.
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