UK Hits Russia With New Sanctions as Trump Signals Relief

Britain slammed the Kremlin with unprecedented economic penalties on Monday, expanding its financial battlefront against Moscow by targeting oil transport networks and global military supply chains on the war’s third anniversary.

The measure marks a direct challenge to Washington’s softening stance, as Prime Minister Keir Starmer pushes for greater pressure just days before his scheduled White House meeting with President Donald Trump, who has signaled openness to easing sanctions as part of peace negotiations.

“The G7 should take more risk,” Starmer declared in his Kyiv summit address, advocating aggressive moves against “Russia’s oil giants and banks enabling sanctions evasion.”

The British offensive specifically targets the Kremlin’s economic lifelines — flagging 107 entities across Central Asia, China, India, and Turkey supplying military components, blacklisting 40 vessels in Russia’s sanction-dodging tanker network, and freezing assets of 14 oligarchs and financial institutions. North Korean military officials involved in deploying troops to Ukraine also face restrictions.

While addressing the Support Ukraine summit via video, Starmer reaffirmed Britain’s commitment of £4.5 billion in military assistance for 2025 and outlined his vision for lasting security arrangements.

“Ukraine must have a seat at the table,” the British leader insisted. “The UK stands ready to deploy troops on European soil under the right conditions,” adding that American military backing remains essential for deterring future Russian aggression.

According to The Telegraph, Starmer plans to propose deploying 30,000 peacekeepers to Ukraine in case of a ceasefire during his expected Washington visit this week, with US firepower backing the force.

Australia and New Zealand also announced additional sanctions against Russia this week.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q3 Earnings: Another RECORD Quarter!

Barrick Q3 Earnings: Juicing Shareholder Returns Amid Declining Production

Wheaton Q3 Earnings: Cash Operating Margins Skyrocket

Recommended

Altamira Gold Encounters Second Porphyry Body, Hitting 3.5 g/t Gold Over 8.0 Metres

Canadian Copper Set To Submit Environmental Impact Assessment In H1 2026 For Murray Brook

Related News

The Moscow Exodus: Russia Orders Airlines To Stop Selling Flights Out Of The Country To Men Aged 18-65

Russian President Vladimir Putin’s latest war chess move has his citizens scrambling for plane flights...

Wednesday, September 21, 2022, 10:21:24 AM

Far-Right Parties in Europe Stake Claims on Ukrainian Territories

Political tensions in Eastern Europe have escalated as the Hungarian far-right party Our Homeland, led...

Monday, January 29, 2024, 04:08:00 PM

IMF: Western Sanctions Against Russia Threaten to Weaken US Dollar

As the White House proudly pats itself on the back as its sanction list against...

Friday, April 1, 2022, 03:01:00 PM

Biden Administration Bans Russian Energy Imports, Warns of Surging Fuel Prices

President Joe Biden announced the US will be banning all exports of Russian oil and...

Wednesday, March 9, 2022, 11:29:00 AM

Oil, Gold See Intense Volatility As Russia-Ukraine Conflict Escalates

Oil prices were sent soaring on Thursday, after Russian military forces invaded Ukraine in the...

Thursday, February 24, 2022, 04:03:00 PM