UK Sanctions Target Russia’s Lukoil, Rosneft and Shadow Fleet in Energy Crackdown
The United Kingdom has sanctioned Russia’s two biggest oil producers, Lukoil and Rosneft, alongside 51 shadow fleet tankers in its latest energy sanctions package. British officials stated these measures aim to choke off revenues funding Russia’s war in Ukraine, targeting companies reportedly of strategic significance to the Kremlin.
Major Sanctions Against Russian Energy Giants
Britain has targeted Russia‘s two largest oil companies, Lukoil and Rosneft, alongside 51 shadow fleet tankers in what officials describe as a new effort to tighten energy sanctions and disrupt Kremlin revenues, according to reports. The government stated these economic sanctions represent a significant escalation in efforts to constrain Russia’s ability to fund its military operations.