Britain has decided to expand its sanctions regime against Russia by adding 51 new specifications and 39 new classifications, as published on the official UK government website on Wednesday. The new sanctions focus on 51 vessels within what is known as the Russian shadow fleet, as well as individuals and entities operating in the energy and defense sectors, in a move aimed at increasing economic pressure on Russia following the ongoing conflict in Ukraine.
The Russian shadow fleet has become an increasing target for sanctions since Russia's invasion of Ukraine in February 2022, as it is reportedly used by officials to evade the restrictions imposed on Russian oil exports. The UK has confirmed that the network includes older oil tankers that indirectly support Russia's military economy.
The UK government added that these new measures are part of an ongoing strategy to deter Russia's activities in the energy and defense sectors, and to reduce the country's ability to circumvent international sanctions.
Britain is collaborating with its partners in the European Union and the United States to enforce these sanctions, ensuring that no entities or individuals benefit from the opportunities provided by the shadow fleet network in Russia. The measures also aim to send a strong message that any attempt to bypass sanctions will be met with additional penalties.
The UK affirms that its continued support for sanctions is part of its commitment to pressuring Russia to reconsider its policies toward Ukraine, while enhancing monitoring of maritime companies and entities linked to the shadow fleet.
This step comes after a series of sanctions imposed by Britain in recent years on various companies and individuals connected to Russian activities, as part of international efforts to hold Russia accountable for its foreign policies.
