Russia's Sanctioned Vessels Still Working the Global Oil Market

Russia is pushing forward with oil product exports using vessels sanctioned by the European Union (EU), according to recent data from LSEG and market sources cited by Reuters. Despite being added to the EU's sanctions list in June as part of the bloc's 14th sanctions package against Russia, these vessels continue to operate, highlighting the challenges in enforcing such measures. One of the sanctioned vessels, the Barbados-flagged Saga (previously known as NS Spirit), was loaded on August 8 at Russia's Baltic port of Vysotsk with 33,000 metric…