Starmer hits Russia with new sanctions and reveals £210m Ukraine finance deal
The package will supply uranium to Ukraine for two years and target more than 600 Russian-linked vessels, officials said.
- Britain imposed sanctions on the banking arm of Russian firm Yandex, two other lenders, over 20 oil tankers, several liquefied natural gas vessels, and a covert military procurement network linked to Russia's war in Ukraine.
- Britain became the first G7 country to sanction ships connected to Russia's Arctic LNG 2 project and targeted a clandestine network called Neptune acting as a front for Russia's GRU military intelligence.
- Prime Minister Keir Starmer announced £210 million of UK export finance to supply enriched uranium to Ukraine's nuclear power company Energoatom, supporting Ukraine's energy security for the next two years.
- Starmer stated the sanctions aim to choke Russia's war economy threatening European security, reiterating UK support for Ukraine and urging for a ceasefire and negotiations starting from the current line of contact.
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81 Articles
U.K. increases Russia sanctions to bring ‘war machine to halt’: PM Keir Starmer
Britain PM Keir Starmer’s office said 70 new sanctions actions ‘will choke Russia's war effort across multiple fronts’ by targeting Russia's illicit ‘shadow fleet’, military procurement supply chain and finance networks used to circumvent sanctions
UK’s uranium deal for Ukraine sparks fears of corruption and nuclear escalation
The UK pledges £210 million to supply enriched uranium to Ukraine’s Energoatom amid corruption scandals and war-driven energy crises. Ukraine’s nuclear sector faces scrutiny after investigations kickbacks linked to Energoatom and influential figures. Zelensky’s government grapples with corruption allegations and nuclear ambitions, including past openness to acquiring nuclear weapons. Russia accuses Ukraine of endangering nuclear […]
Britain to supply enriched uranium to Ukraine’s reactors in $282 million deal
Britain will supply enriched uranium to power Ukraine's nuclear plants over the next two years, Prime Minister Keir Starmer announced ahead of a G7 session in Évian, France, on 16 June. The £210 million ($282 million) arrangement, drawn from UK Export Finance, lets the British company Urenco feed Ukraine's state operator, Energoatom. The pledge lands the morning after a Russian barrage killed at least 11 people across Ukraine and set fire to the…
The United Kingdom will release 242 million euros and provide enriched uranium to keep Ukraine's nuclear plants running for the next 2 years. This was announced by British Prime Minister Keir Starmer. The deal raises some questions: can you safely deliver enriched uranium to a country that is at war? And can Ukraine also use that uranium in other ways?
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