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Europe Targets Russia’s Shadow Fleet in a New Phase of Oil Sanctions
Market Intelligence Analysis
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Why This Matters
The European Union is intensifying its oil sanctions against Russia, with the sanctions chief stating that enforcement is 'slowly but surely' choking Russia's oil exports, ultimately affecting its revenue.
Market Impact
Market impact analysis based on bearish sentiment with 77% confidence.
Sentiment
Bearish
AI Confidence
77%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
European Union sanctions are “slowly but surely” choking Russia’s oil exports -- and are also stepping up in speed and scope, according to the 27-nation bloc’s chief sanctions official. EU Sanctions Envoy David O’Sullivan told RFE/RL in an interview on December 16 that while enforcement was “a game of cat and mouse,” the measures were working and Russia’s revenues were “suffering.” O’Sullivan spoke in a video call from Brussels two days before an EU summit that’s due to consider…
Original article published by
OilPrice.com
on December 17, 2025.
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Analysis and insights provided by AnalystMarkets AI.