Bank Of Baku

UK considers using seized Russian ‘shadow fleet’ oil to fund Ukraine

UK considers using seized Russian ‘shadow fleet’ oil to fund Ukraine
# 14 January 2026 22:48 (UTC +04:00)

The United Kingdom is considering the option of financing Ukraine using oil seized from vessels belonging to Russia’s “shadow fleet,”  The Times newspaper reported, citing sources, APA reports.

According to the publication, a mechanism is being examined to use the seized oil specifically to finance Ukraine’s military efforts.

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