UK Imposes New Sanctions on Russia's Oil and Gas Sector, EU Prepares Further Measures

The United Kingdom has announced new sanctions targeting ten oil and LNG tankers, Rosneft's Vostok Oil project, and Russian oil producer Slavneft, aiming to curb Russia's oil revenues. These measures include asset freezes and restrictions on UK port access and maritime services. Concurrently, the European Union is preparing its 22nd sanctions package against Russia, which is expected to target Russian banks, cryptocurrencies, and additional shadow-fleet vessels.