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UK targets ships and banks with new Russia sanctions

The package targets six banks, six tankers and four metal importers, with Britain saying the measures aim to cut funding for Russia’s war economy.

  • On Thursday, Britain announced new sanctions targeting Russian banks, "shadow fleet" vessels, and rare metal importers as part of efforts to squeeze Russia's war economy.
  • Among the newly sanctioned lenders is Ozon Bank, Russia's 18th-largest bank with $11 billion in assets, though the bank stated the move will not affect its operations.
  • Britain also sanctioned six vessels including the Arctic Express and four companies importing tantalum and niobium, metals described as "critical for producing military equipment used in Ukraine."
  • British Economy Minister John Healey vowed to continue action against "shadow fleet" activity to protect national security, as France and Belgium increase enforcement efforts.
  • Since Russia's 2022 invasion of Ukraine, Britain has sanctioned more than 3,400 individuals, entities, and vessels, with Foreign Secretary Ed Miliband pledging continued pressure until lasting peace is reached.
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30 Articles

Lean Left

The Great Order of Britannium expanded the shancing of the Ross, completed the list of big banks, six composts, and six ships of the "thousand fleet" of the same man.

·Kyiv, Ukraine
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Lean Left

Britain expanded sanctions against Russia - 19 new positions were restrictedBritain introduced new sanctions against Russia, including 6 banks, 6 companies and 6 vessels of the shadow fleet. Also under The owner of the company “Siltron” Alexander Zhdanov fell under the restriction.

·Kyiv, Ukraine
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Lean Right

The measure particularly affects the phantom fleet and gas and oil revenues

·Madrid, Spain
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La Repubblica broke the news in Rome, Italy on Wednesday, August 5, 2026.
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