UK Issues Red Alert on Russian Shadow Fleet Sanctions Dodging

The UK government issued a red alert to raise concerns about potential sanctions evasion tied to the sale of Russian oil and gas.

British authorities warned that Moscow has leveraged a network of trading firms to sidestep restrictions while also gaining access to Western finance and professional services. They specifically cited a group of companies run by Azerbaijan nationals Etibar Eyyub and Tahir Garayev, both of whom were sanctioned in May by the UK.

“Eyyub and Garayev themselves have personal relationships with UK-sanctioned Rosneft CEO Igor Sechin which enables this privileged access to Russia’s largest state-owned oil company,” the ...