Britain has imposed its “strongest” sanctions package against Russia, targeting Rosneft, Lukoil, and the “shadow fleet.”

The UK has announced a new, “strong” package of sanctions against Russia, targeting the energy sector, in particular oil giants Rosneft and Lukoil.

According to the British government’s website, the aim of the sanctions is to “remove Russian oil from the market” and deprive the Kremlin of key sources of funding for the war.

90 facilities and companies were subject to the new restrictions, including:

• Rosneft and Lukoil, which together export more than 3.1 million barrels of oil per day;

• 44 “shadow fleet” tankers carrying Russian oil;

• four oil terminals in China;

• Indian company Nayara Energy Limited, co-owned by Rosneft;

• seven specialized vessels for transporting Russian LNG and the Chinese Beihai terminal, which imports gas from the sanctioned Arctic LNG2 project.

In addition, the UK will ban the import of petroleum products produced in third countries from Russian oil.

The sanctions list also includes Russian banks and IT companies, in particular the National Payment Card System (NSPK), BBR Bank, Solid Bank, Transstroibank, and Primsotsbank.

The sanctions package will take effect after Foreign Minister Yvette Cooper presents it to partners in Washington. The restrictions include asset freezes and a ban on the provision of trust and transport services.

As a reminder, Ukraine’s allies are preparing a new phase of economic pressure on Moscow—so-called “smart” sanctions , which are intended to hit Russian finances simultaneously with Ukrainian attacks on targets within Russia. This measure is considering the use of frozen Kremlin assets and the introduction of new financing mechanisms for Kyiv.

Incidentally, the European Union plans to significantly increase pressure on Russia by introducing a new sanctions package that will affect three key areas at once: energy, financial services, and trade.

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