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New Zealand Targets 65 Vessels in Russia Sanctions Expansion

10/31/2025

Summary

Story summary

New Zealand has intensified sanctions against Russia's oil industry by targeting 65 additional vessels linked to the 'shadow fleet'.
Foreign Minister Winston Peters announced the measures during a meeting with Nordic foreign ministers in Stockholm.
The sanctions also apply to Belarus, Iran, and North Korea entities involved in Russian oil operations.
They follow reports that a New Zealand insurer facilitated sanctioned oil trade, raising concerns about the country's role.

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Story summary

New Zealand has intensified sanctions against Russia's oil industry by targeting 65 additional vessels linked to the 'shadow fleet'.
Foreign Minister Winston Peters announced the measures during a meeting with Nordic foreign ministers in Stockholm.
The sanctions also apply to Belarus, Iran, and North Korea entities involved in Russian oil operations.
They follow reports that a New Zealand insurer facilitated sanctioned oil trade, raising concerns about the country's role.