Targeting aggression: UK’s latest sanctions on Russia
The key measures:
Energy sector
New sanctions target Russia's network of oil tankers, specifically 20 vessels that form part of the “shadow fleet” facilitating illicit oil trade. Furthermore, management companies Orion Star Group LLC and Valegro LLC-FZ, which crew and oversee these shadow fleet vessels, have also come under sanction.
Military sector
The UK has imposed measures against the Main Directorate of Deep-Sea Research (GUGI), a critical Russian military agency responsible for undersea intelligence capabilities. This action aims to safeguard subsea infrastructure while curbing Russia’s military operations.
Financial network
Individuals operating within the UK, Vladimir Pristoupa and Olech Tkacz, have been sanctioned for their role in supplying Russia with high-tech electronics worth over $120 million. These electronics are integral to supporting Russia’s war machine, and this sanction demonstrates zero tolerance for those aiding the conflict.
The UK is also working with allies to strengthen the Oil Price Cap, which restricts Russia’s energy revenues while maintaining market stability.
For more information, the official press release can be found here.