皇冠体育app

• UK announces wide-ranging sanctions on Russia as Putin launches his biggest ever drone attack against Ukraine聽聽

• 100 sanctions targets across Russian military, energy, financial sectors and those conducting Putin鈥檚 information war against Ukraine聽

• UK and partners are also working to tighten the Oil Price Cap, further restricting critical oil revenues for Putin鈥檚 war machine

As President Putin ruthlessly intensifies his strikes against聽innocent Ukrainians, the UK is ramping up pressure with聽raft of 100 new sanctions.聽

皇冠体育app latest聽sanctions聽targets include entities supporting Russia鈥檚 military machine, energy exports and information war, as well as financial institutions聽helping to fund聽Putin鈥檚 invasion of Ukraine. 聽聽聽

On Saturday, Russia fired 273 drones at Ukrainian cities, the biggest drone onslaught of the war.聽A strike on a bus in Sumy killed 9 civilians.聽聽

Putin has so far not put in place the full, unconditional ceasefire that President Trump has called for, and which President Zelenskyy endorsed over 2 months ago.聽聽

皇冠体育app UK鈥檚 latest sanctions聽action comes as the EU prepares to announce its 17th package of sanctions against Russia,聽in a co-ordinated聽effort to secure a just and lasting peace in Ukraine. 聽聽聽

Today鈥檚 measures sanction the聽supply chains of deadly Russian weapons systems, including Iskander missiles. 聽This will protect Ukrainian lives, and our collective security by disrupting Russia鈥檚 military machine. 聽聽聽聽

Putin has repeatedly fired Iskander missiles into crowded civilian areas with a callous disregard for life. He used these weapons during the strike against Sumy on 13 April that killed 34 civilians including children, some of them heading for Palm Sunday services. 聽聽聽聽

UK and other Western sanctions are having a severe effect on Russia鈥檚 economy. 聽Russian GDP shrank in the first quarter of the year聽and聽the non-defence economy has been in recession for some time. Security and defence spending is聽now聽over 40% of the federal budget, and Putin has had to raise taxes and slash social spending in order to continue the war. 聽聽聽

Every rouble by which we cut Kremlin revenues diminishes Putin鈥檚 ability to sow chaos, division and disorder across the world and protects the British people, increasing security and prosperity at home.

As the Prime Minister set out at the European Political Community summit聽on Friday, people in Ukraine and across the world have paid the price for Putin鈥檚 aggression and now he must pay the price for avoiding peace.

Foreign Secretary, David Lammy said:

Putin鈥檚 latest strikes once again show his true colours as a warmonger.聽聽

We urge him to agree a full, unconditional ceasefire right away so there can be talks on a just and lasting peace.聽聽聽

We have been clear that delaying peace efforts will only redouble our resolve to help Ukraine to defend itself and use our sanctions to restrict Putin鈥檚 war machine.

Today鈥檚 sanctions also target 14 more members of the Social Design Agency聽(SDA), which carries out Kremlin-funded information operations that are designed to undermine sovereignty, democracy, and the rule of law in Ukraine and across the world. 聽聽聽

皇冠体育app UK previously sanctioned the SDA and several of its leaders in 2024.聽 We are now聽targeting all levels of the organisation. 聽聽聽

In addition, today鈥檚聽measures will strike at the heart of Putin鈥檚 efforts to get around our sanctions and help block his failing attempts to reconnect to the international economy.聽聽聽

Today鈥檚 action targets 46 financial institutions that聽help Russian attempts to evade sanctions, as well as the St Petersburg Currency Exchange, and the Russian Deposit Insurance Agency which insures Russian banks.聽皇冠体育appse new sanctions will further isolate the Russian economy and disrupt Russia鈥檚 revenue streams. 聽聽聽聽

Finally, the UK will also sanction 18 more ships in the 鈥榮hadow fleet鈥� carrying Russians oil, along with the fleet鈥檚 enablers.聽皇冠体育app Prime Minister announced 110 shadow fleet related sanctions ahead of his visit to Kyiv earlier this month.聽聽聽

Today鈥檚 targets include John Michael Ormerod, a British national who procured ships for Russia鈥檚 shadow fleet, and 2 Russian captains of shadow fleet tankers.聽This action聽imposes a personal cost on those who are supporting Russia鈥檚 trade in oil and聽is another step in the Foreign Secretary鈥檚 personal mission to constrain the Kremlin and a crucial part of the Plan for Change to ensure a secure Britain. 聽聽聽聽

皇冠体育app UK is聽also聽working with partners to tighten the Oil Price Cap that limits the price that Russia can charge for its oil if transported using G7 services like insurance and shipping.聽We are reviewing the $60 crude price level, with a view to lowering the cap closer to the cost of production聽and hitting聽Putin where it hurts by striking at his oil revenues.

Background

皇冠体育app Full list of today鈥檚 targets can be found here