OFSI

“David e Golia - Pescatore che stende le reti mentre la nave mercantile sosta al pontile.jpg” by PROPOLI87, via Wikimedia Commons Licensed under CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/ Source: https://commons.wikimedia.org/wiki/File:David_e_Golia_-_Pescatore_che_stende_le_reti_mentre_la_nave_mercantile_sosta_al_pontile.jpg

How Russia’s ‘Shadow Fleet’ Keeps the Oil Flowing

A Russian “shadow fleet” tanker sanctioned by the UK, EU and U.S. continued transporting oil in late 2025, underscoring what an investigation by Follow the Money describes as the limited impact Western measures have had on the cash flow Moscow earns from crude exports.