The UK government announced sweeping measures targeting dozens of companies and individuals across Russia’s military, energy and financial sectors, as Western allies intensify efforts to squeeze Putin’s war economy
Britain on Tuesday unveiled its largest package of sanctions against Russia since the early phase of the Ukraine war, marking four years since Moscow’s full-scale invasion of Ukraine.
According to a Politico report, the UK government announced sweeping measures targeting dozens of companies and individuals across Russia’s military, energy and financial sectors, as Western allies intensify efforts to squeeze President Vladimir Putin’s war economy.
Those sanctioned include firms linked to Russia’s nuclear and gas industries, as well as banks involved in processing cross-border payments that help Moscow circumvent existing UK restrictions, added the report.
London has also expanded its crackdown on Russia’s so-called “shadow fleet” — oil tankers used to evade sanctions.
The new measures cover 48 vessels and 175 entities associated with what officials described as the “2Rivers” illicit oil network.
The UK Foreign Office said the action sends a clear message that Russian oil transported outside sanctions compliance “is off the market.”
UK Foreign Secretary Yvette Cooper, who is in Kyiv to mark the invasion anniversary, said the measures are designed to disrupt the financial flows and supply chains underpinning Russia’s war effort.
“The UK has today taken decisive action to disrupt the critical financing, military equipment and revenue streams that sustain Russia’s aggression, in our largest raft of measures since the early months of the invasion,” Politico quoted Cooper as saying.
With inputs from agencies
End of Article
