Editorial: Le Monde

• Russia is evading sanctions through a network of companies affiliated to Coral Energy, a commodities trader.
• Coral Energy's illicit trading and financing has been backed by several European financial institutions and oil companies.
• This scheme reveals the flaws in the western-implemented sanction system.
• The EU must take responsibility for allowing Greece to sell oil tankers to Russia.
• Sanctions are hardly respected due to the lack of a single administration in the EU.
• Sanctions become less effective due to the hypocrisy of banks and oil companies doing business with shady companies.
• Responsibility also lies with the states allowing oil trade without transparency.

Conclusion: The current sanctions are ineffective in handling aggressive actions from Russia. There is a need to review and strengthen the enforcement of sanctions, requiring greater transparency and coherence from states and financial institutions in their execution.

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