UK says it’s 1st country to target all of Russia’s top 10 oil producers with latest round of sanctions

The UK announced new sanctions targeting Russia’s energy and shipping sectors, saying it is the first country to sanction all ten of Russia’s largest oil producers. The measures aim to cut revenue that helps fund Russia’s war against Ukraine by targeting both energy businesses and the networks that transport their products.

Prime Minister Andy Burnham said he would urge other countries to increase economic pressure at the European Political Community summit in Dublin, after peace talks involving Ukraine, Russia and the US concluded in Abu Dhabi. The announcement comes amid evidence of continued European purchases: Spain imported 138,000 tonnes of Russian LNG in October, while EU payments for gas from the Yamal project reached about €8.7 billion in the first ten months of the year.