The new penalties in the EU aim to further reduce Kremlin’s energy income, most of which is exporting raw oil to India and China.
The European Union imposed sanctions against Iran’s oil engineer Hosein Shamhani and several companies associated with him as part of a new package of restrictions directed against Russia. Bloomberg reported this on Monday, July 21.
Hossein Shamhani, the son of the Senior Adviser of the Supreme Iran Ayatollah Ali Khameni, is included in the EU penalties list for Russian oil trade participation and the leadership of the country’s shadow fleet. The penalties also fell into its Admiral Group and Milavous Group LTD, registered in Dubai.
In the European Union statement, it was noted that Shamhani’s activities were associated with the economic sector, which is an important source of income for the Russian Federation government. According to Bloomberg, its business structures are actively engaged in exporting Russia and Iran’s oil, and also controls the ways through a fence fund with offices in London, Dubai and Geneva.
“Khosein Shamhani is involved in the economic sector, which provides significant income to the Russian Federation government,” the EU emphasized in an EU statement.
Last year, investigation Bloomberg news It confirmed that the Shamhani network has become a significant player in Russia and Iran’s oil supply. Shamhani himself continues to reject the materials Bloomberg About your business activity.
The new penalties in the EU aim to further reduce Kremlin’s energy income, most of which is exporting raw oil to India and China. As part of the package, the price of the bar for Russian oil has also decreased.
As you know, on July 18, the European Union approved 18 packages of sanctions against Russia. One of its key points is a significant decrease in the price ceiling for Russia’s oil.
Indian refinery has changed the sale conditions against the background of new EU penalties
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Source: korrespondent
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