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UK Introduces Largest Sanctions Package Against Russia Since 2022

The measures target Russia's military supply chains, energy revenues, and international enablers on the third anniversary of its full-scale invasion of Ukraine.

  • The UK government has announced 107 new sanctions targeting Russia's shadow fleet, military supply chains, and foreign financial institutions supporting its war efforts.
  • This sanctions package includes restrictions on Russian oil tankers, adding 40 more ships to the UK's list, now totaling 133—the highest in Europe.
  • For the first time, the UK is sanctioning foreign financial institutions, including Kyrgyzstan-based OJSC Keremet Bank, for aiding Russia's war machine.
  • Entities in countries like India, China, Turkey, and others supplying dual-use goods and electronics for Russia's military are also included in the sanctions list.
  • The UK Foreign Secretary emphasized that these measures aim to weaken Russia's ability to fund its war and strengthen Ukraine's position toward achieving lasting peace.
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