The UK has imposed sanctions on the Russian oil pipeline giant Transneft and around 300 other Russian targets on the anniversary of the Moscow invasion of Ukraine.
In a significant move, the UK has announced sanctions against Transneft, a prominent Russian oil pipeline company, along with approximately 300 other Russian entities, marking the four-year anniversary of Russia's invasion of Ukraine. Transneft is responsible for over 80% of Russia's oil exports, and these sanctions are aimed at crippling the financial revenue that supports Russia's aggressive military initiatives. The sanctions also extend to 48 oil tankers, reflecting a broader strategy to diminish the energy revenue that propels the Russian economy.