Since the start of the war, Russia has generated over 900 billion euros from fossil fuel exports – funds that have helped sustain its military aggression. To circumvent Western sanctions on oil trade, it had to build a ‘shadow fleet’ of hundreds of old oil vessels.
Led by Follow the Money’s Birte Schohaus, Jesse Pinster and Dimitri Tokmetzis, an international team of investigative reporters has followed the money trail of the shadow fleet. They revealed – amongst others – that Western shipowners have profited significantly, earning over 6 billion dollars from the sale of oil tankers to Russia’s shadow fleet. https://www.ftm.nl/artikelen/podcast-russia-sanctions-shadowfleet-oil
Follow the Money EU
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2025-07-30 05:15:05 UTC
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