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
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    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.

    1. Home
    2. >Finance
    3. >Kremlin aide warns West over seizure of Russian vessels
    Finance

    Kremlin Aide Warns West Over Seizure of Russian Vessels

    Published by Global Banking & Finance Review®

    Posted on February 17, 2026

    3 min read

    Last updated: February 17, 2026

    Add as preferred source on Google
    Image illustrating K+S's Q2 financial report, showing a decline in revenue and sales volume due to logistical challenges. Relevant to banking and finance news.
    K+S revenue report highlights Q2 revenue miss and sales volume drop - 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:Global tradefinancial crisisinternational organizations

    Quick Summary

    Russia threatens naval action against Europe over vessel seizures, citing piracy and emphasizing the navy's role in maritime safety.

    Kremlin aide warns West over seizure of Russian vessels

    Russia's Naval Strategy and Western Relations

    By Guy Faulconbridge

    Potential Retaliation Against European Shipping

    MOSCOW, Feb 17 (Reuters) - Russia could deploy its navy to prevent European powers from seizing its vessels and may retaliate against European shipping if Russian ships are taken, Nikolai Patrushev, one of Russia's leading hardliners, was quoted as saying on Tuesday.

    Concerns Over NATO's Blockade Plans

    Western states have sought to cripple Russia's economy with sanctions and in recent months have tried to block oil tankers suspected of involvement in Russian oil shipments. In January, the United States seized a Russian-flagged oil tanker as part of efforts to curb Venezuelan oil exports. 

    Impact of Sanctions on Russian Economy

    Patrushev, a Kremlin aide who is a close ally of President Vladimir Putin, said Russia needed to give a tough response - particularly towards Britain, France and Baltic states. 

    "If we don't give them a tough rebuff, then soon the British, French and even the Balts (Baltic nations) will become arrogant to such an extent that they will try to block our country's access to the seas at least in the Atlantic basin," Patrushev, who serves as chairman of Russia's Maritime Board, told the Russian media outlet Argumenty i Fakty.

    "In the main maritime areas, including regions far from Russia, substantial forces must be permanently deployed - forces capable of cooling the ardour of Western pirates," he said.

    Patrushev said that the navies of major powers were undergoing radical technological change and modernisation amid what he said was clear "gunboat diplomacy" from Washington over Venezuela and Iran. Russia's updated naval shipbuilding programme to 2050 will be submitted for approval soon, he said.

    He also said that Russia believed the NATO military alliance planned to blockade the Russian exclave of Kaliningrad on the Baltic Sea.

    "Any attempt at a naval blockade of our country is completely illegal from the standpoint of international law, and the concept of a 'shadow fleet', which EU representatives brandish at every turn, is a legal fiction," he said.

    The shadow fleet refers to a network of vessels that Western nations say are operated by Russia to evade sanctions.

    "By implementing their naval blockade plans, the Europeans are deliberately pursuing a scenario of military escalation, testing the limits of our patience and provoking active retaliatory measures," Patrushev said. "If a peaceful resolution to this situation fails, the blockade will be broken and eliminated by the navy."

    (Reporting by Reuters; editing by Ros Russell)

    Table of Contents

    • Russia's Naval Strategy and Western Relations
    • Potential Retaliation Against European Shipping
    • Concerns Over NATO's Blockade Plans
    • Impact of Sanctions on Russian Economy

    Key Takeaways

    • •Russia threatens naval action against European vessel seizures.
    • •Nikolai Patrushev warns of retaliation against European shipping.
    • •Over 30,000 sanctions imposed on Russia due to Ukraine conflict.
    • •Russia accuses Western states of piracy in maritime actions.
    • •Patrushev emphasizes the role of the navy in ensuring maritime safety.

    Frequently Asked Questions about Kremlin aide warns West over seizure of Russian vessels

    1What is maritime safety?

    Maritime safety refers to the measures and regulations implemented to protect ships, crews, and cargo during maritime operations, ensuring safe navigation and preventing accidents at sea.

    2What are sanctions?

    Sanctions are restrictions imposed by countries or international organizations to influence a nation's behavior, often involving trade barriers, financial penalties, or diplomatic isolation.

    3What is piracy in maritime context?

    Piracy in maritime context refers to criminal acts committed at sea, including robbery and hijacking of ships, which threaten the safety of navigation and maritime commerce.

    4What is a military strategy?

    A military strategy is a plan of action designed to achieve specific objectives in warfare or conflict, including the deployment of forces and resources to protect national interests.

    More from Finance

    Explore more articles in the Finance category

    Image for Submit Your Nominations: Best Corporate Advisory Firm (Onshore / Domestic Advisory) 2026
    Submit Your Nominations: Best Corporate Advisory Firm (Onshore / Domestic Advisory) 2026
    Image for One US crew member rescued after fighter jet downed over Iran, Israeli media say
    One US Crew Member Rescued After Fighter Jet Downed Over Iran, Israeli Media Say
    Image for Italy's Meloni visits Saudi Arabia, Qatar and UAE amid Gulf tensions, energy worries
    Italy's Meloni Visits Saudi Arabia, Qatar and UAE Amid Gulf Tensions, Energy Worries
    Image for Italian court rules Netflix price-hike clauses are void, orders refunds
    Italian Court Rules Netflix Price-Hike Clauses Are Void, Orders Refunds
    Image for US removes Russian national Mikhail Zadornov from sanctions list
    US Removes Russian National Mikhail Zadornov From Sanctions List
    Image for Turkey launches investigation into Google over advertising, billing practices
    Turkey Launches Investigation Into Google Over Advertising, Billing Practices
    Image for Zelenskiy urges lawmakers to act as Ukraine funding hangs in balance
    Zelenskiy Urges Lawmakers to Act as Ukraine Funding Hangs in Balance
    Image for Prosecutors open hate speech probe against French rolling news channel CNews
    Prosecutors Open Hate Speech Probe Against French Rolling News Channel CNews
    Image for Rising debt costs wipe out French fuel tax windfall, minister says
    Rising Debt Costs Wipe Out French Fuel Tax Windfall, Minister Says
    Image for French-owned CMA CGM container ship passes Strait of Hormuz, data shows
    French-Owned Cma Cgm Container Ship Passes Strait of Hormuz, Data Shows
    Image for Consumer megadeals make a rare comeback in the first quarter
    Consumer Megadeals Make a Rare Comeback in the First Quarter
    Image for Drone hits aid warehouse in Iran, Red Cross says
    Drone Hits Aid Warehouse in Iran, Red Cross Says
    View All Finance Posts
    Previous Finance PostGlobal Investors Stay 'uber-Bullish' but Warn Companies Are Overinvesting
    Next Finance PostSpain to Probe X, Meta, TikTok Over AI-generated Child Sexual Abuse Material