New Zealand targets shadow fleet in expanded Russia sanctions

New Zealand escalates sanctions against Russia's oil industry, targeting 65 shadow fleet vessels and companies from Belarus, Iran, and North Korea. The move aims to disrupt networks funding Russia's war in Ukraine, following revelations of a New Zealand insurance company supporting the trade. This action signals New Zealand's commitment to global efforts to pressure Russia and may inspire other countries to join in similar sanctions. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.