A yacht owned by a Russian oligarch was stranded in Norway not because of sanctions, but because of locals not providing fuel.
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the government"does not want businesses and persons to apply their own sanctions against Russian companies,"However, gas suppliers in the area still refuse to help due to the link between the yacht and the oligarch, with Sven Holmlund, general manager for Holmlund Oil Service, telling NRK"they can row home. Or use a sail."report that the crew members can get power from the port"so they're not freezing to death.
In order to avoid Western sanctions, some oligarchs have made attempts to move their yachts outside of the sanctions' reach,The yachts have been docked in places like the United Arab Emirates, the Maldives and the Caribbean. Some news sites and private individuals have been keeping track of the yachts' locations to help with the seizures.Update 03/18/22 5:55 p.m. ET: This story was updated to add more information and background.
A yacht owned by a Russian oligarch was stranded in Norway after locals refused to provide it with fuel. Above, the yacht 'Lady M,' owned by Russian oligarch Alexei Mordashov, docked at Imperia's harbor in Italy on March 5, 2022.
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