Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > France intercepts suspected Russian shadow fleet tanker in Mediterranean
    Finance

    France intercepts suspected Russian shadow fleet tanker in Mediterranean

    Published by Global Banking & Finance Review®

    Posted on January 22, 2026

    3 min read

    Last updated: January 22, 2026

    France intercepts suspected Russian shadow fleet tanker in Mediterranean - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:compliancefinancial communityPresidentinsurance

    Quick Summary

    The French navy intercepted a sanctioned Russian tanker in the Mediterranean, supported by allies and in compliance with UN laws, highlighting international sanctions.

    Table of Contents

    • Overview of the Interception Operation
    • Details of the Tanker and Its Route
    • International Response and Implications
    • Legal Proceedings and Investigations

    French Navy Intercepts Russian Tanker Linked to Oil Sanctions in Mediterranean

    Overview of the Interception Operation

    PARIS, Jan 22 (Reuters) - The French navy intercepted a Russian tanker on Thursday in the Mediterranean suspected to be part of the shadow fleet that enables Russia to export oil despite sanctions.

    Details of the Tanker and Its Route

    "This operation was carried out ... with the support of several of our allies. It was conducted in full compliance with the United Nations Convention on the Law of the Sea," French President Emmanuel Macron said on X.

    International Response and Implications

    The interception was on high seas in the Western Mediterranean, between the southern coast of Spain and the northern coast of Morocco, the French maritime police said in a separate statement.

    Legal Proceedings and Investigations

    Navies of other countries, including Britain, supported the operation, the statement added. 

    British defence minister John Healey said Britain had provided tracking and monitoring support for the operation. This support included a vessel, HMS Dagger, monitoring the tanker, named the GRINCH, as it passed through the Straits of Gibraltar.

    RUSSIA ADAPTS TO SANCTIONS

    The EU has imposed 19 packages of sanctions against Russia, 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 what is known as a shadow fleet of vessels operating outside of the Western maritime industry.

    The intercepted tanker was sailing from Murmansk in northern Russia and is subject to international sanctions and suspected of operating under a false flag, Macron said in his post. 

    The tanker was sailing under a Comoros flag, according to data provided by LSEG.

    "The activities of the shadow fleet contribute to financing (Russia's) war of aggression against Ukraine," Macron added.

    Ukrainian President Volodymyr Zelenskiy said in a post on X that the operation was "exactly the kind of resolve needed".

    He suggested the oil carried by tankers of the shadow fleet be confiscated and sold.

    The case was referred to the prosecutor of Marseille, who handles matters related to maritime law. The prosecutor ordered the ship to be diverted for further investigation.

    Moscow said France had not notified Russia about the interception, TASS news agency reported.

    The Russian consulate in Marseille is trying to find out whether Russian citizens are among the crew members, TASS reported, citing the Russian embassy in France.

    In October, France detained another sanctioned tanker, the Boracay, off its west coast and released it after a few days.    

    (Reporting by Inti Landauro, Dominique Vidalon and John Irish; Editing by Ros Russell, Rod Nickel and Susan Fenton)

    Key Takeaways

    • •French navy intercepted a sanctioned Russian tanker.
    • •Operation was supported by several allies.
    • •Conducted under the UN Convention on the Law of the Sea.
    • •The tanker was suspected of operating under a false flag.
    • •Activities contribute to financing Russia's war against Ukraine.

    Frequently Asked Questions about France intercepts suspected Russian shadow fleet tanker in Mediterranean

    1What is international sanctions?

    International sanctions are restrictive measures imposed by countries or international organizations to influence or punish a nation for certain actions, often related to human rights violations, terrorism, or military aggression.

    2What is a tanker?

    A tanker is a type of ship or vehicle designed to transport liquids, such as oil, chemicals, or liquefied natural gas, across oceans or waterways.

    3What is the role of the French Navy?

    The French Navy is responsible for the naval defense of France, conducting operations to protect national interests, enforce international laws, and support allied nations.

    4What is the United Nations Convention on the Law of the Sea?

    The United Nations Convention on the Law of the Sea is an international treaty that establishes guidelines for the use of the world's oceans, including navigation rights, territorial waters, and marine resource management.

    5What is a false flag operation?

    A false flag operation is a covert action designed to deceive by making it appear that a particular entity is responsible for an action, often to mislead or manipulate public perception.

    More from Finance

    Explore more articles in the Finance category

    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    View All Finance Posts
    Previous Finance PostFrench army buys long-range kamikaze drones from MBDA and Aviation Design
    Next Finance PostElizabeth Hurley tells UK court she endured 'brutal invasion of privacy'