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  • World
  • Updated: April 19, 2022

Greece Confiscates Russian Oil Tanker

Greece Confiscates Russian Oil Tanker

Greek authorities confiscated a Russian crude oil tanker as part of European Union sanctions against Russia.

A shipping ministry official said on Tuesday that the Russian-flagged Pegas, with 19 Russian crew members on board, was seized near the coastal city of Karystos in Evia.

The ministry said; "It has been seized as part of EU sanctions."

Since the start of the war in Ukraine, the EU has blacklisted over 700 people linked to Russia or accused of supporting the invasion.

In addition to coal, the EU sanctions ban imports from Russia of many other commodities and products, including wood, rubber, cement, fertilizers, high-end seafood, such as caviar, and spirits, such as vodka, for a total additional value estimated in 5.5 billion euros ($5.9 billion) a year.

The EU also restricted the export of a number of products to Russia, including jet fuel, quantum computers, advanced semiconductors, high-end electronics, software, sensitive machinery and transportation equipment, for a total value of 10 billion euros a year.

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