DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Mikati Tanker Evades EU Sanctions, Disrupts Oil Trade
Mikati Tanker Evades EU Sanctions, Disrupts Oil Trade

Mikati Tanker Evades EU Sanctions, Disrupts Oil Trade

Update: 2025-12-20
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The Mikati, a fifty-eight thousand-ton oil tanker, has been sanctioned by the European Union for aiding Russias shadow fleet. Built in 2003, it has been spotted in the English Channel after loading Russian oil in Murmansk. The EU blacklisted it in July, following Britains move last November. The tanker has been involved in suspicious activities, such as changing names, turning off location transponders, and switching flags. It has also been involved in mid-voyage owner swaps and ship-to-ship transfers with other sanctioned vessels. Despite the sanctions, the Mikati continues to operate, causing disruptions and cutting productivity by thirty percent for EU-sanctioned ships.

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Mikati Tanker Evades EU Sanctions, Disrupts Oil Trade

Mikati Tanker Evades EU Sanctions, Disrupts Oil Trade