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.