The European Union is working on a new package of sanctions aimed at targeting the shadow fleet of tankers Russia is using to get its oil to market, according to people familiar with the matter.

The European Parliament passed a resolution on 14 November, urging the EU to impose targeted sanctions on Russia's so-called shadow fleet, which enables the country to sell oil while circumventing Western price caps.

Members of the European Parliament have called on the European Union to intensify efforts against Russia’s "shadow fleet" and demand more targeted sanctions, according to the European Parliament. Russia is using old tankers to export crude oil and oil products abroad despite sanctions imposed by the EU,