On Tuesday, Britain unveiled a comprehensive sanctions package against Russia, marking four years since Russia's full-scale invasion of Ukraine. This new set of sanctions is the largest implemented since the early months of the invasion in 2022 and specifically targets 297 entities, including shipping companies within Russia's shadow fleet and prominent individuals. Perhaps notably, the sanctions hit PJSC Transneft, which is responsible for transporting over 80% of Russian oil exports, underscoring the British government's commitment to economically pressurize Russia.

The announcement of these sanctions comes at a critical time as the European Union is also attempting to pass its own sanctions package aimed at countering Russia's military activities and curbing the capabilities of its shadow fleet. However, the EU’s efforts have been hindered by Hungary, which has exercised its veto, delaying the adoption of new measures on a broader scale. This situation reflects the ongoing divisions within the EU about how to effectively respond to the conflict in Ukraine and manage relations with member states that have differing views on sanctions.

Overall, Britain's intensified sanctions signal a robust stance against Russian aggression and aim to support Ukraine amid ongoing conflicts. The broader implications include potential escalations in diplomatic tensions and challenges for the EU as it seeks a unified approach in the face of member states' differing interests regarding sanctions against Russia.