German maritime authorities said Saturday they are towing a disabled oil tanker in the Baltic Sea thought to be part of Russia's clandestine "shadow fleet" used to evade Western sanctions.

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine

Germany is working to secure a drifting Russian oil tanker, believed to be part of Moscow’s “shadow fleet” used to fund its war in Ukraine, after it lost control in the Baltic Sea.

Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm Russia's economy at the risk of destabilising global markets and said the country would press on with large oil and gas projects.

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.

In its final days, the Biden administration is again cracking down on Russia over its war with Ukraine, targeting the country’s production and exports of oil. The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector Friday in an effort to reduce Moscow’s revenue from oil that has continued to be shipped by