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UK Sanctions 12 More 'Shadow-Fleet' Tankers as Russia's Arctic Traffic Grows
The package targets payment networks and oil firms as Britain says more than 90% of Russia’s oil production capacity is now under sanctions.
- 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.
·New York, United States
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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…
Coverage Details
Total News Sources89
Leaning Left8Leaning Right8Center13Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 28%
C 45%
R 27%
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