The UK has sanctioned 40 more “shadow fleet” oil tankers transporting Russian crude, to cut off a key revenue source funding the war in Ukraine.
These vessels have carried over $5 billion worth of Russian oil in the past six months. With this latest action, the UK has now blacklisted 133 Russian oil tankers, the highest number among European nations.
The new sanctions also target the suppliers and producers of electronics, machine tools, and dual-use goods...