The UK has announced new sanctions targeting Russia’s oil shipping operations, military technology suppliers, and financial networks, to further weaken Moscow’s ability to continue its war in Ukraine.
The sanctions were revealed during the G7 Summit held in Canada, where UK Prime Minister Keir Starmer called on global leaders to remain united in supporting Ukraine.
A total of 30 new Russian targets have been sanctioned, including 20 oil tankers identified as part of Russia’s so-called “shadow fleet.” These vessels have been used to dodge international restrictions and continue the export of Russian oil.
As part of its efforts to cut off vital oil revenues funding the war, the UK has sanctioned two companies Orion Star Group LLC and Valegro LLC-FZ, for managing and operating these vessels.
The UK government also imposed sanctions on Russia’s military agency involved in underwater intelligence and seabed operations. Officials said the action is intended to safeguard critical subsea infrastructure
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