Oil
Putin's shadow fleet three times larger than previously assumed
Up to 650 oil tankers are now part of the Russian shadow fleet. Their job is to ship the raw material. This also fills Putin's war chest.
2/5/2025
Despite Western sanctions, Russia exported more oil in 2024 than in the previous year. A comprehensive data analysis by the international research platform Follow the Money (FTM) now suggests that around a third of these oil tankers come from Western shipping companies. We are talking about transactions totalling the equivalent of around 5.8…
