Britain introduced the largest sanctions package against the “shadow fleet” of the Russian Federation

Great Britain has imposed sanctions on 30 ships of Russia’s so-called shadow fleet, responsible for transporting billions of pounds worth of oil and petroleum products in the last year alone.

According to the British government, since half of the ships against which sanctions were introduced today transported oil and oil products (especially gasoline) worth more than $4.3 billion in the last year alone, this is the largest package of sanctions against Great Britain.

The British government notes that the announcement comes as the country’s foreign secretary is using the G7 foreign ministers’ meeting in Italy to push other countries to keep up the pressure on the Russian military machine, alongside efforts to increase military and financial support for Ukraine. .

Revenues from oil sales are a key source of funding for the Kremlin’s illegal war in Ukraine. London stresses that curbing these revenues, including by cracking down on the companies that insure these vessels, is vital to maintaining shared security – weakening the Kremlin’s war machine, keeping shipping lanes safe and protecting international trade.

The British Ministry of Finance included the Russian company Alfastrahuvannya and the VSK insurance company on the sanctions list. It is noted that the department considers them involved in financing the war in Ukraine or receiving benefits from the support of the Russian government.

The assets of companies in the UK are to be frozen and deals with them prohibited.