Finance

Zelenskiy: Sanctions on Russian oil significantly affect Moscow's war financing

Published by Global Banking & Finance Review

Posted on January 11, 2025

1 min read

· Last updated: January 27, 2026

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Ukrainian President Zelenskiy discusses sanctions on Russian oil - Global Banking & Finance Review
Ukrainian President Volodymyr Zelenskiy addresses the significant impact of U.S. and UK sanctions on Russian oil, emphasizing their role in disrupting Moscow's war financing.
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(Reuters) - Ukrainian President Volodymyr Zelenskiy on Friday welcomed new U.S. sanctions against Russia's oil sector and its so-called shadow tanker fleet. "These measures deliver a significant blow

Zelenskiy Praises New U.S. Sanctions Impacting Russian Oil Financing

(Reuters) - Ukrainian President Volodymyr Zelenskiy on Friday welcomed new U.S. sanctions against Russia's oil sector and its so-called shadow tanker fleet.

"These measures deliver a significant blow to the financial foundation of Russia's war machine by disrupting its entire supply chain," he said on X.

Zelenskiy, writing later on X, expressed thanks for British sanctions imposed on Russian oil companies, saying that London "delivers yet another significant disruption to (Russian President Vladimir) Putin's ability to finance aggression".

"We value the UK’s continued efforts to obstruct Russia’s shadow fleet operations, which remain a critical part of its oil trade," he wrote.

(Reporting by Yuliia Dysa and Ron Popeski; Editing by Kevin Liffey and Alistair Bell)

Key Takeaways

  • U.S. and UK impose new sanctions on Russian oil sector.
  • Sanctions target Russia's shadow tanker fleet.
  • Zelenskiy praises the impact on Russia's war financing.
  • UK's efforts disrupt Russian oil trade operations.
  • Sanctions aim to weaken Russia's financial foundation.

Frequently Asked Questions

What did Zelenskiy say about U.S. sanctions?
Zelenskiy welcomed the new U.S. sanctions against Russia's oil sector, stating they deliver a significant blow to the financial foundation of Russia's war machine.
How do the sanctions affect Russia's oil supply chain?
The sanctions disrupt the entire supply chain of Russia's oil trade, which is crucial for financing its military operations.
What role do UK sanctions play according to Zelenskiy?
Zelenskiy expressed gratitude for the UK's sanctions on Russian oil companies, emphasizing their importance in obstructing Russia's shadow fleet operations.
What is the significance of Russia's shadow tanker fleet?
The shadow tanker fleet is a critical part of Russia's oil trade, and efforts to disrupt its operations are seen as vital by Zelenskiy.
Who reported on Zelenskiy's comments regarding the sanctions?
The article was reported by Yuliia Dysa and Ron Popeski, with editing by Kevin Liffey and Alistair Bell.

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