Russia's shadow fleet shakes off Western sanctions to keep oil revenues flowing.
12 December 2025
Western governments have sanctioned 636 shadow fleet tankers that transport Russian oil and fuel the Kremlin’s war chest.
Yet the measures have done little to stop the illicit trade, an investigation by Follow the Money can reveal. Russia’s oil revenues continue to flow as Moscow makes a mockery of sanctions and undermines the global maritime order.
Yet the measures have done little to stop the illicit trade, an investigation by Follow the Money can reveal. Russia’s oil revenues continue to flow as Moscow makes a mockery of sanctions and undermines the global maritime order.