European Union wants to close its ports to ships that help Russia export oil

The European Union has proposed banning access to its ports for ships trying to circumvent sanctions against Russia. The measure is part of a broader 11th package of sanctions, Bloomberg reports.

According to documents seen by the agency, the EU has also proposed imposing sanctions against ships that disable navigation systems. The implementation of these measures will require the support of all bloc member countries.

Brussels expects to close loopholes to limit the transportation of Russian oil and petroleum products after the introduction of a price ceiling.

The European Commission cited a "sharp increase in deceptive practices, and related environmental risks" from vessels trying to circumvent the G7 price cap and oil embargo.

Ships that violate sanctions by transshipment from ship to ship will be barred from entering European ports. The ban will also apply to vessels suspected of providing direct or indirect assistance to Russia in dodging sanctions.