False-Flag Tankers Shipped Russian Oil Worth $5.4 Billion This Year

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Why This Matters

A recent report by the Centre for Research on Energy and Clean Air found that Russian shadow fleet vessels have exported $5.4 billion worth of oil this year, with 113 vessels flying false flags during operations.

Market Impact

Market impact analysis based on bearish sentiment with 67% confidence.

Sentiment
Bearish
AI Confidence
67%

Article Context

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Tankers of the Russian shadow fleet have increased the use of flying false flags this year and exported $5.4 billion (4.7 billion euros) worth of Russian oil between January and September, the Centre for Research on Energy and Clean Air (CREA) said in a new report. A total of 113 Russian ‘shadow’ vessels flew a false flag during their operations in the first nine months of 2025, the analysis found. In volumes, 13% of Russian oil transported by ‘shadow’ vessels between January and September 2025 took place on vessels flying…

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Original article published by OilPrice.com on November 27, 2025.
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