Mike Baker
👤 SpeakerAppearances Over Time
Podcast Appearances
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More nations are now declaring war on Russia's so-called ghost fleet, taking direct aim at the oil revenue that continues to keep Vladimir Putin's war machine running.
It's part of a broader, intensifying campaign to choke off Russia's ability to sell oil outside the sanctions regime, and the net is tightening.
According to new reporting, 14 countries bordering the Baltic and North Seas, along with Iceland, have committed to actively obstructing tankers suspected of violating sanctions or international maritime rules.
These governments say they will no longer simply track or monitor suspect vessels but intervene, stopping ships, demanding documentation, and treating those that fail to comply as effectively stateless.
At the center of this effort is Russia's ghost or shadow fleet, hundreds of aging tankers operating under flags of convenience, opaque ownership structures, and deliberately disabled tracking systems.
As we've covered here on the PDB, these ships allow Moscow to move oil quietly, often at prices above the G7 cap, funneling billions of dollars back into the Kremlin despite Western sanctions.
Now this crackdown builds on months of U.S.-led enforcement already underway.
The U.S.