UK unveils sweeping new sanctions against Russia at G7 summit

The UK has unveiled a major new package of sanctions against Russia, targeting the shadow fleet, military supply chains and financial networks that support the Kremlin's war in Ukraine.

New measures target shadow fleet and energy sector

The measures, announced during the G7 summit, include sanctions on more than 20 oil tankers linked to Russia's shadow fleet, as well as insurers and shipping services suspected of helping Moscow circumvent existing restrictions.

The government also became the first G7 nation to sanction several liquefied natural gas vessels acquired by Russia to support the Arctic LNG 2 project, a key source of revenue for the Kremlin.

Prime Minister Sir Keir Starmer said the measures were aimed at the vessels, finances and individuals supporting Russia's war economy and threatening European security.

"Working with our G7 allies, we will continue to increase the pressure on Putin and his circle of collaborators until Russia's war machine is brought to a halt and peace returns to our continent," he said.

Intelligence and military supply networks targeted

Foreign Secretary Yvette Cooper said the Kremlin was increasingly relying on covert methods to sustain its war effort.

"As the Kremlin resorts to ever more shady tactics to sustain its war, from its ageing shadow fleet to covert finance networks, the UK remains one step ahead in shutting them down," she said.

The sanctions package also targets a network linked to Russia's military intelligence agency, the GRU. The government said three companies and 10 intelligence officers had been sanctioned over their alleged involvement in acquiring Western technology for Russia's military.

Additional measures target companies in China, Thailand and Türkiye accused of supplying critical military equipment to Russia.

Financial networks under scrutiny

The UK also imposed sanctions on organisations accused of helping Moscow move money through illicit financial networks, including an entity in Nigeria linked to a sanctions-evasion scheme.

According to the government, the latest measures bring the total number of individuals, entities and vessels sanctioned under the UK's Russia sanctions regime in 2026 to almost 500.

The UK says it has now sanctioned more than 600 shadow fleet and Russian LNG vessels since the start of its campaign against Moscow's war economy.

G7 leaders discuss support for Ukraine

G7 leaders meeting in Évian-les-Bains are expected to discuss continued support for Ukraine and efforts to increase pressure on Russia as the war enters its fourth year.

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