Allies of Ukraine around the world continue to intensify sanction pressure on the Russian Federation, focusing on limiting its financial and energy capabilities.
This is reported by Business • Media
The United Kingdom Announces New Restrictions for Russia’s “Shadow Fleet”
The United Kingdom has introduced another package of sanctions aimed at the “shadow fleet” of Russian oil tankers. Seventy vessels used for transporting Russian oil have been sanctioned, along with 30 companies and individuals supplying Russia with electronics, chemicals, and explosives necessary for weapon production. This list also includes one company each from China and Turkey.
The EU, Japan, and New Zealand Expand Sanction Pressure
European Union countries have agreed to extend personal sanctions against the Russian Federation, which were set to expire on September 15. Additionally, EU economic sanctions will remain in effect until January 31, 2026.
Japan and New Zealand have also joined in strengthening sanction policies by lowering the price cap on Russian oil from $60 to $47.6 per barrel, following the example of the EU, Canada, and the United Kingdom. Furthermore, these countries have implemented additional sanctions related to asset freezes and new export restrictions on Russia.
The European Commission, for its part, is considering including several independent Chinese refineries in the 19th package of sanctions against Russia, which will further complicate Russian exports of petroleum products’ access to international markets.
The United Kingdom has introduced a new package of sanctions targeting Russia’s “shadow fleet” of oil tankers. The British sanctions lists also include companies and individuals supplying Russia with electronics, chemicals, and explosives for weapon production. In particular, sanctions have been imposed on 70 vessels used for transporting Russian oil, as well as 30 companies and individuals, including one company each from China and Turkey.