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✉news BusinessFinance first seen 22 h ago, last 22 h ago, peak #30

UK hits Russia with new sanctions on finance and shadow fleet

Original: UK announces new round of Russia sanctions targeting financial services, 'shadow fleet'

The UK government has announced a new package of sanctions against Russia, targeting the country's financial services sector and the so-called 'shadow fleet' of oil tankers used to move Russian crude in circumvention of existing restrictions. The move follows earlier rounds of British and allied sanctions aimed at cutting off revenue streams funding Russia's war in Ukraine.

Why now: The UK government has just announced the new sanctions package, keeping attention on Western pressure over Russia's war in Ukraine.

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