Trade Law Daily is a service of Warren Communications News.

Senators Propose Seizing Vessels Moving Sanctioned Russian Oil

Sens. Lindsey Graham, R-S.C., and Richard Blumenthal, D-Conn., introduced a resolution Dec. 17 urging the Trump administration to seize “shadow fleet” vessels that transport sanctioned Russian oil.

Sign up for a free preview to unlock the rest of this article

Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.

The resolution says that Russia’s shadow fleet consists of at least 561 vessels and carries 60% to 80% of the country’s oil exports, which help fund Russia's war against Ukraine. It notes that the Treasury Department designated major Russian energy companies Rosneft and Lukoil in October (see 2510220050).

“Without a shadow fleet of oil tankers willing to illegally transport cheap sanctioned Russian oil, Putin’s war machine would grind to a halt,” Graham said. “Seize the ships. Help stop the war.”

The resolution was referred to the Senate Foreign Relations Committee.