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UK could use oil from shadow fleet to fund Ukraine war effort

UK could use oil from shadow fleet to fund Ukraine war effort

cross-posted from: https://lemmy.sdf.org/post/49003620

Britain is examining plans to use any oil seized from Russian shadow fleet vessels to fund the Ukrainian war effort, a government source has disclosed.

Under options being discussed, the UK would not only stop funds flowing to Russia’s war machine but also divert money raised from sanctioned oil to Ukraine. Whether such a plan is feasible is unclear.

“There would be a double impact on Russia’s war machine — we wouldn’t just be depriving them of illicit war revenues but also finding a way to help fund Ukraine’s resistance,” the source said.

[...]

Elite troops trained to rappel onto ships from helicopters and capture their crews could target hundreds of illegal oil tankers after the government identified a legal basis for such raids.

Two shadow fleet vessels sanctioned by Britain — Spring Fortune and Range Vale — are on course to sail into the Channel at about lunchtime on Wednesday.

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