UK announces new round of Russia sanctions targeting financial services, 'shadow fleet'
The sanctions were brought against companies, including those allegedly involved in Russian financial services and entities that facilitate the production and trade of Russian ballistic missiles.
The UK has announced a new round of sanctions against Russia, targeting financial services and entities involved in the production and trade of Russian ballistic missiles. The sanctions, imposed by the UK Foreign Office, affect 38 legal entities and individuals.
Restrictions have been imposed on Russian oil companies, including Zarubezhneft and INK Capital. According to the UK Foreign Office, Britain is the first G7 country to impose sanctions on Russia's four largest oil companies, covering over 90% of Russia's oil production capacity.
The sanctions also target Russia's "shadow fleet" of oil tankers, with 12 more vessels added to the list, bringing the total to over 600. These vessels are used to circumvent sanctions and transport Russian oil through deceptive practices. Additionally, 17 entities and individuals have been sanctioned for supplying Russia with high-priority goods, including machine tools, electronics, and materials needed to manufacture military equipment.
Brief written by urgent.news from Jerusalem Post, Ukrinform - Politics — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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