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Outcome of EU's 15th sanctions package on Russia's shadow fleet by Dec 31, 2025?
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Resolution / Starting Odds
Significant reduction in shadow fleet operations • 25%
Minor reduction in shadow fleet operations • 25%
No noticeable impact on shadow fleet operations • 25%
Increase in shadow fleet operations • 25%
Reports from international trade organizations, EU announcements, and financial news sources
Story
EU Ambassadors Agree on 15th Sanctions Package Targeting Russia's 'Shadow Fleet'
Dec 11, 2024, 04:15 PM
The European Union has agreed on its 15th package of sanctions against Russia, focusing on the so-called 'shadow fleet' of oil tankers. EU ambassadors, with the announcement from the Hungarian EU Presidency on December 11, have targeted these ships, along with new individuals and entities from third countries supporting Russia's war efforts in Ukraine. This fleet, comprising older and often uninsured vessels, has been utilized by Russia to circumvent the G7 price cap on seaborne oil. The decision reflects the EU's ongoing efforts to tighten economic restrictions on Russia in response to its invasion of Ukraine.
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Similar markets
Yes • 50%
No • 50%
United States • 25%
European Union • 25%
United Kingdom • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Significant reduction in Russian oil exports • 25%
Increased diplomatic tensions without significant economic impact • 25%
Russia circumvents the sanctions effectively • 25%
Other significant outcomes • 25%
Increase surveillance and monitoring • 25%
Impose stricter financial sanctions • 25%
Implement technological solutions for tracking • 25%
Other • 25%