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EU intercepts shadow fleet tanker in Mediterranean

EU naval missions IRINI and ATALANTA are stepping up flag-verification boardings of vessels suspected to be part of Russia's shadow fleet, including the MV SOUTH STAR in the Mediterranean, as part of a broader effort to couple sanctions with maritime actions. EU officials, led by Kaja Kallas, say these measures tighten the net on illicit Russian oil shipments to choke Kremlin funding and reinforce maritime security.

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Photo: World Bank Group/ Grant Ellis / Wikimedia Commons (CC BY-SA 4.0)

Ukraine Receives $690 Million IMF Disbursement Amid War

The IMF has approved a $690 million disbursement for Ukraine under its $8.1 billion loan program, bringing total funding to about $2.2 billion as Kyiv maintains macroeconomic stability amid ongoing war. While targets have been met, several structural reforms slowed or were delayed, prompting a revised reform timetable and additional corrective measures to keep the program on track amid heightened security risks and a projected slower 2026 growth.

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