Australia is taking these steps including EU, Britain, Canada, New Zealand and Japan, and also maintains a complete ban on importing oil and oil products from the Russian Federation.
In Australia, the government reduces the maximum price of Russia’s oil to $ 47.60 and introduces target penalties against another 95 Russian “Shadow Fleet” vehicles. This was reported by the Australian Ministry of Foreign Affairs.
Thus, the Australian government has imposed sanctions against more than 150 vehicles since June 2025.
This is expected to lead to a reduction in Russian oil market value and eliminate the Russian Federation military economy.
Australia is taking these steps along with the European Union, Great Britain, Canada, New Zealand and Japan, it also remains a complete ban on importing oil and oil products from Russia.
Remember that the UK has introduced a new package of sanctions against the Russian Federation. Restrictions are directed against the “Shadow Fleet” that carries Russia’s oil and major suppliers of military ingredients.
It has also been reported that Japan has decided to reduce the maximum price for Russian raw oil to $ 47.6 per barrel from the past 60 dollars.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.