Overview

• Foreign Secretary Yvette Cooper announced roughly 90 new sanctions that for the first time directly target Russia’s two largest oil producers.
• The package identifies refineries and 44 tankers used to move Russian crude, with UK businesses and individuals barred from dealings with listed entities.
• Rosneft accounts for about 6% of global oil production, while Rosneft and Lukoil together export around 3.1 million barrels per day.
• The government described the measures as its strongest yet, including asset freezes plus director disqualifications and trust services restrictions for named targets.
• Chancellor Rachel Reeves framed the move as choking off war funding during G7 meetings in Washington, as the UK also maintains NATO air policing in Poland through year‑end and increases drone support for Ukraine.