UK Targets Putin's Shadow Fleet with First-Ever Sanctions

Britain has imposed its first sanctions on vessels in Russian President Vladimir Putin's 'shadow fleet' to circumvent Western restrictions and continue Russian oil trade. The coordinated action with G7 partners also targets suppliers of military equipment to Russia, including entities in China, Israel, Kyrgyzstan, and Turkey.


Reuters | Updated: 13-06-2024 17:16 IST | Created: 13-06-2024 17:16 IST
UK Targets Putin's Shadow Fleet with First-Ever Sanctions
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Britain on Thursday imposed its first sanctions targeting vessels in Russian President Vladimir Putin's "shadow fleet" that it said was used to circumvent Western sanctions and continue trade in Russian oil.

"Today's action includes the UK's first sanctions targeting vessels in Putin's shadow fleet, used by Russia to circumvent UK and G7 sanctions and continue unfettered trade in Russian oil," the government statement said. The action, part of 50 new sanctions and co-ordinated with G7 partners, also targets suppliers of munitions, machine tools, microelectronics, and logistics to Russia's military, including entities based in China, Israel, Kyrgyzstan and Turkey, the government said.

"Today we are once more ramping up economic pressure through sanctions to bear down on Russia's ability to fund its war machine," Prime Minister Rishi Sunak, who is at the G7 leaders' meeting in Italy, said in the statement. "Putin must lose, and cutting off his ability to fund a prolonged conflict is absolutely vital."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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