UK targets ships and banks with new Russia sanctions
The package targets six banks, six tankers and four metal importers, with Britain saying the measures aim to cut funding for Russia’s war economy.
- On Thursday, Britain announced new sanctions targeting Russian banks, "shadow fleet" vessels, and rare metal importers as part of efforts to squeeze Russia's war economy.
- Among the newly sanctioned lenders is Ozon Bank, Russia's 18th-largest bank with $11 billion in assets, though the bank stated the move will not affect its operations.
- Britain also sanctioned six vessels including the Arctic Express and four companies importing tantalum and niobium, metals described as "critical for producing military equipment used in Ukraine."
- British Economy Minister John Healey vowed to continue action against "shadow fleet" activity to protect national security, as France and Belgium increase enforcement efforts.
- Since Russia's 2022 invasion of Ukraine, Britain has sanctioned more than 3,400 individuals, entities, and vessels, with Foreign Secretary Ed Miliband pledging continued pressure until lasting peace is reached.
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39 Articles
The European Union is placing more Russians on the sanctions list due to the recent airstrikes carried out by the country. "Every new attack on Ukraine is a new reason for Europe to increase pressure on Russia," writes EU foreign policy chief Kaya Kallas on X.
The Great Order of Britannium expanded the shancing of the Ross, completed the list of big banks, six composts, and six ships of the "thousand fleet" of the same man.
UK targets Russian banks, shadow fleet ships in latest sanctions package
The United Kingdom has imposed new sanctions targeting Russian banks and shadow fleet tankers. These measures aim to disrupt funding for Russia's ongoing military actions in Ukraine. Six Russian banks are sanctioned for supporting the war economy, while six tankers face penalties for evading sanctions. Four companies importing critical metals for military equipment are also included in the package. These actions underscore Britain's commitment t…
UK Targets Arctic LNG Carrier, Five Oil Tankers in Latest Russia Sanctions Package
The United Kingdom has expanded its sanctions against Russia with a new package targeting shipping, banking, and industrial entities, including six vessels accused of transporting Russian energy exports and an...
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