UK Sanctions Against Shadow Fleet Intensify with New Measures
Please share, it's important for meIn February 2026 the UK unveiled its largest sanctions package since early 2022. Announced nearly 300 new measures targeting Russia’s energy revenues and military suppliers. This sweeping action hits the Transneft oil pipeline company and dozens of oil tankers in Russia’s so-called “shadow fleet.” It also sanctions 175 companies in the Dubai-based 2Rivers network of illicit oil traders. UK officials timed the announcement with the fourth anniversary of the Ukraine war. The Foreign Office highlighted that PJSC Transneft – responsible for carrying over 80% of Russia’s crude exports – is now sanctioned. British ministers also targeted Russia’s shadow oil trading networks. … Continue reading UK Sanctions Against Shadow Fleet Intensify with New Measures
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