Operation Rheinübung was the last sortie into the Atlantic by the new German battleship Bismarck and heavy cruiser Prinz Eugen on 18–27 May 1941, during World War II. This operation aimed to block Allied shipping to the United Kingdom as the previously successful Operation Berlin had done. After Bismarck had sunk HMS Hood during battle of the Denmark Strait, it culminated with the sinking of Bismarck, while Prinz Eugen escaped to port in occupied France. From that point on, Germans would rely only on U-boats to wage the Battle of the Atlantic.

Prinz Eugen was an Admiral Hipper-class heavy cruiser, the third of a class of five vessels. She served with Nazi Germany's Kriegsmarine during World War II. The ship was laid down in April 1936, launched in August 1938, and entered service after the outbreak of war, in August 1940. She was named after Prince Eugene of Savoy, a distinguished 18th-century general in the service of the Holy Roman Empire. She was armed with a main battery of eight 20.3 cm (8 in) guns and, although nominally under the 10,000-long-ton (10,160 t) limit set by the Anglo-German Naval Agreement, actually displaced over 16,000 long tons (16,257 t).