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Story summary
- The U.S. Senate Foreign Relations Committee approved a bipartisan sanctions bill targeting Russia's 'shadow fleet' of oil tankers on January 29, 2026.
- The Shadow Fleet Sanctions Act would penalize vessels aiding oil shipments from projects like Yamal LNG and Arctic LNG 2.
- The European Union plans to approve its 20th sanctions package by February 24, potentially replacing the oil price cap with a full maritime ban.
