Minerva Marine Inc., a Greek oil tanker company, was initially listed as an “International Sponsor of War” due to its activities related to Russian oil transportation. After agreeing to cease all Russian trade and publicly condemning Russian aggression, the company was removed from the list in November 2023.

It is worth noting in this case that Ukraine initiated the delisting of this Greek company as part of a strategy to secure Athen’s support for the EU’s 11th package of sanctions against Russia, whose refusal would have spelt the definitive end to a joint European response to the 11th package.

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