West Europe
United Kingdom· LondonUK Imposes New Sanctions on Russia's Oil, Financial, and Military Sectors
The British government has announced a new package of 38 sanctions targeting Russia's oil, financial, and military sectors, including its 'shadow fleet' and cryptocurrency platforms.
Background
Following Russia's full-scale invasion of Ukraine in 2022, numerous countries, including the United Kingdom, have implemented extensive sanctions against Russia. These measures aim to pressure Russia's economy and its ability to fund military operations. The ongoing sanctions target various sectors, including finance, energy, and defense.
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UK Sanctions Against Russia
First report 12h agoLast update 5h agoThe UK is actively imposing new sanctions on Russia to counter its war economy, targeting key sectors like oil, finance, and military, and entities involved in circumventing existing restrictions.
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