UK announces largest sanctions package against Russia since start of full-scale invasion
politico.eu • • world
Key Points:
- The UK has announced its largest package of sanctions against Russia since the start of the Ukraine war, targeting dozens of companies and individuals in Russia's military, energy, and banking sectors.
- The sanctions focus on nuclear and gas companies, as well as banks facilitating cross-border payments that help Russia circumvent existing UK sanctions.
- Britain is also targeting Russia's "shadow fleet" of oil tankers used to evade sanctions, sanctioning 48 vessels and 175 companies involved in the illicit "2Rivers" oil network.
- UK Foreign Secretary Yvette Cooper, visiting Kyiv to mark the invasion's anniversary, emphasized that these measures aim to disrupt Russia’s financing, military equipment, and revenue streams sustaining its aggression.
