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EU Targets Russian Shadow Fleet, Banks and Crypto in Sweeping 21st Sanctions Package
The EU added 41 vessels to its sanctions blacklist, bringing the total of designated shadow-fleet ships to 673, and targeted services that support the fleet — including a crewing agency for the first time — with eight entities and one individual listed. In the energy sector, the bloc suspended automatic adjustment of the G7 oil price cap until 15 July 2027, citing disruption from the Strait of Hormuz closure. Financial measures extended transaction bans to 94 Russian banks, 33 further credit institutions and 14 crypto providers, while a new legal mechanism allows blanket bans on third-country crypto services facilitating evasion.
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