UK Sanctions 12 More 'Shadow-Fleet' Tankers as Russia's Arctic Traffic Grows
The package targets oil revenue, financial channels and military supply chains as Britain says the measures cover more than 90% of Russia's oil output capacity.
- On Thursday, Foreign Secretary Ed Miliband announced 38 new sanctions targeting Russian oil companies, shadow fleet tankers, and supply chains during a visit to Pryluky, Ukraine, alongside President Volodymyr Zelensky.
- Miliband and Zelensky visited a five-storey residential building in Pryluky, Chernihiv, where a Russian missile strike killed 22 civilians, including five children, prompting the Foreign Secretary to condemn the 'appalling atrocity.'
- The updated restrictions now cover more than 90% of Russia's total oil production capacity, adding 12 shadow fleet tankers to a list exceeding 600 vessels and sanctioning 17 entities supplying military goods.
- Alongside the sanctions, the UK opened its first dedicated Kyiv Business Centre to enable British firms to establish permanent presence and invest in Ukraine, reinforcing support since 2014.
- The Government also sanctioned three crypto exchanges and two payment platforms—including three linked to Kyrgyzstan—to disrupt financial evasion routes and military supply chains vital for Putin's ongoing war effort.
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UK targets Cryptomus, TokenSpot, and payment platforms in new Russia-focused crackdowns
British authorities targeted entities facilitating the Kremlin-backed A7 network and its ruble-pegged A7A5 stablecoin, which claimed to have routed over $90 billion to bypass Western financial restrictions.
Britain has imposed a new package of sanctions against Russia, targeting the oil sector, the shadow navy, financial networks and companies involved in supplying the Russian military industry. The list includes a total of 38 organizations and individuals. Among those sanctioned are Russian oil companies Zarubezhneft and Capital. With the new measures, British sanctions now cover more than 90% of Russia's total oil production capacity. 12 more tan…
UK Foreign Secretary Ed Miliband has announced new sanctions against Russia, saying London will continue to support Ukraine for as long as necessary. “Today we are announcing new sanctions on Putin’s war machine, secret navy, oil companies, cryptocurrencies and the financing of war,” Miliband said. He stressed that the UK will stand by Ukraine during the fight against Russia. - YouTube www.youtube.com “We are your brothers and sisters in this co…
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