UK Government announces new sanctions package targeting Russia

AI Summary

The UK Government announced a new sanctions package on 16 June 2026 targeting Russia’s war economy, focusing on maritime transport, energy exports, and sanctions circumvention networks. The sanctions highlight efforts against Russia's 'shadow fleet' impacting maritime activities.

To coincide with the recent G7 meeting, the UK Government announced a new sanctions package on 16 June 2026 targeting Russia’s war economy across multiple fronts, including maritime transport, energy exports and sanctions circumvention networks. The package places a clear emphasis on Russia’s so called “shadow fleet”, with the UK Government stating that it is ...