top of page

Zelenskiy challenges Europe on why it cannot curb Russian oil

Ukrainian President Zelenskiy criticized Europe’s inability to stop Russian oil shipments, questioning why the U.S. can halt Russia’s shadow fleet tankers while Europe cannot, as Moscow continues selling discounted oil to countries like India and China.

January 23, 2026

Margaryta Chornokondratenko/Reuters

Zelenskiy challenges Europe on why it cannot curb Russian oil

Ukrainian President Volodymyr Zelenskiy speaks at the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026.

Denis Balibouse/Reuters

Ukrainian President Volodymyr Zelenskiy questioned why U.S. President Donal Trump could halt Russian shadow fleet tankers but Europe cannot do the same with Russian oil as he addressed World Economic Forum on Thursday (January 22).


The EU has imposed 19 packages of sanctions against Russia so far, but Moscow has adapted to most measures and continues to sell millions of barrels of oil to countries such as India and China, typically at discounted prices.


Much of the oil is carried by a so-called shadow fleet of vessels operating outside of the Western maritime industry.

-Margaryta Chornokondratenko/Reuters

TOP BUSINESS STORIES

BIR suspends mandatory online registration seal requirement

BIR suspends mandatory online registration seal requirement

Mixed fuel price adjustments in PH set October 27

Mixed fuel price adjustments in PH set October 27

Hong Kong embraces longer Halloween celebrations to boost festive business

Hong Kong embraces longer Halloween celebrations to boost festive business

LATEST NEWS

Arrested journalist Philip Lustre denied due process, Prosecutor General says

Arrested journalist Philip Lustre denied due process, Prosecutor General says

1.25 million Undas travelers expected at NAIA October 27 to November 4

1.25 million Undas travelers expected at NAIA October 27 to November 4

Fair weather, isolated rain showers expected across PH on October 27

Fair weather, isolated rain showers expected across PH on October 27

bottom of page