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18 April 2024

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New UK Sanctions on Russia

18-12-2024 09:26 AM


Ammon News - The UK announced new sanctions on Tuesday that target the Russian energy sector, as part of efforts to disrupt that country’s economy, according to a statement by 10 Downing Street.

The measures focus on 20 ships, part of the so-called "shadow fleet," which have been transporting Russian oil across global markets.

The UK government emphasized that the sanctions are designed to undermine Russian President Vladimir Putin’s ability to finance his “special military operation” in Ukraine by targeting the oil revenues that fund his war effort.

Since the start of the conflict, the UK has led the charge in sanctioning vessels tied to the transport of Russian energy. To date, it has sanctioned more than 100 ships, including 93 oil tankers more than any other nation, according to the statement. It, according to officials, is a significant blow to Russia’s war economy.

British Prime Minister Keir Starmer said the latest sanctions are to "further pressure Putin’s stalling war economy" while continuing to provide humanitarian support to Ukraine.

The UK has provided £35 million ($44.4 million) of emergency support to help Ukraine.



Anadolu Agency




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