UK Hits Russia with Major Sanctions Targeting Military and Financial Sectors

Posted by Nathan Taylor on 5/22/25 5:00 PM

In a press release published on May 20, 2025, the UK government announced a sweeping new package of over 100 sanctions targeting Russia’s military-industrial complex, financial institutions, and shadow oil fleet, in response to what it described as “Putin’s biggest ever drone attack against Ukraine.”

According to the Foreign, Commonwealth and Development Office, the sanctions are aimed at “undermining Russia’s ability to wage its illegal war” and include measures against:

  • 46 financial institutions, including the Russian National Reinsurance Company, which the UK says is “central to Russia’s ability to circumvent Western sanctions on its oil exports.”
  • 18 additional vessels in Russia’s so-called “shadow fleet,” used to transport sanctioned oil. This brings the total number of UK-designated shadow fleet vessels to over 110.
  • Individuals involved in the shadow fleet, including a British national accused of procuring vessels and two Russian captains of sanctioned tankers.

The UK also sanctioned entities supporting Russia’s energy exports, military supply chains, and disinformation operations.

The full press release can be found here:

UK announces major sanctions in support of Ukraine - GOV.UK

List of Russia sanctions targets, 20 May 2025 - GOV.UK

Topics: Sanctions, UK, Russia

Expeditors' Newsflash articles are compiled from a number of public sources that, to the best of Expeditors' knowledge, are true and correct. It is our intent to present only accurate information. However, in the event any information contained herein is erroneous, Expeditors International of  Washington, Inc. accepts no liability or responsibility.                                                                                           

Copyright © Expeditors International of Washington, Inc.  Expeditors' Newsflash articles may not be reproduced in any form without advanced written consent of an authorized officer of the copyright holder.     

Recommended for you