Overview

• London designated Russia’s top oil producers in a 90‑target package that bars UK dealings and imposes asset freezes, director bans, transport limits and trust‑services restrictions.
• The list names 44 shadow‑fleet tankers moving Russian crude, four Chinese oil terminals, India’s Nayara Energy, and eight LNG carriers plus China’s Beihai LNG terminal.
• Officials said Rosneft and Lukoil together export about 3.1 million barrels per day, with Rosneft producing roughly 6% of global oil, underscoring the bid to drain Kremlin revenues.
• The UK also announced a ban on importing petroleum products refined in third countries from Russian‑origin crude to tighten restrictions on energy cashflows.
• Chancellor Rachel Reeves pressed G7 counterparts in Washington as Russia’s embassy warned of market disruption and higher costs for British businesses and consumers.