Britain Announces New Russia Sanctions, Uranium Support for Ukraine

Britain is poised to unveil a fresh wave of sanctions against Russia, aiming to cripple its ability to circumvent existing restrictions and fund its military operations. The new measures, expected to be announced by Prime Minister Keir Starmer at the G7 summit in France, will specifically target Russia's "shadow fleet" and the financial infrastructure supporting it.

According to British authorities, the sanctions are designed to directly confront the illegal operations of this shadow fleet and the complex financial networks employed by Russia to evade Western penalties. A key focus will be on vessels involved in transporting sanctioned Russian natural gas, further tightening the economic pressure on Moscow.

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The sanctions are directly aimed at Russia's illegal shadow fleet and the financial networks used to circumvent Western sanctions and support military procurement.

These announcements follow a recent operation where British special forces intercepted an oil tanker belonging to the shadow fleet in the English Channel. The ship's Indian captain was subsequently charged with violating sanctions, signaling a more assertive enforcement approach by the UK.

In parallel with the sanctions, the British government is also set to provide significant financial backing for Ukraine's energy sector. The plan includes approximately 210 million pounds (nearly 2.7 billion Norwegian kroner) to support the export of uranium to Energoatom, Ukraine's state-run nuclear power company. This move underscores continued Western support for Ukraine amidst the ongoing conflict.

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The measures will also affect ships carrying sanctioned Russian natural gas.