The United Kingdom has imposed its largest package of sanctions against Russia in four years.
The British government announced the decision. British Foreign Secretary Yvette Cooper said that the country is taking decisive measures to restrict financing, military supplies and revenues that support Russia's aggression. According to her, this is the largest package of measures since the first months of the invasion.
The new sanctions are aimed, in particular, at Transneft, which transports more than 80 per cent of Russian oil exports. The British government notes that this will make it more difficult for the Kremlin to find buyers for oil that is subject to sanctions.
Restrictions have also been imposed on 175 companies in the 2Rivers network, which is considered one of the largest shadow fleet operators in the world and a major trader of Russian oil. The package includes 48 oil tankers that transport oil to mitigate the effects of sanctions.
In addition, the sanctions apply to 49 companies and individuals involved in supporting the Russian military machine. These include international suppliers of goods, components and technologies used in Russian drones and other weapons.
The restrictions also apply to three civilian companies in the nuclear industry and two individuals who attempted to obtain contracts for the construction of new Russian nuclear facilities abroad to compensate for losses from declining oil revenues.
The sanctions cover six entities in the Russian LNG industry, including ships, traders and the Portovaya and Vysotsk terminals responsible for Russian LNG exports. Nine Russian banks that facilitate cross-border transactions and finance military operations have also been added to the list.
In total, the UK has already imposed restrictions on more than 3,000 individuals, companies and vessels under the sanctions regime against Russia.
