Published November 25,2024
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The UK has imposed sanctions on 30 ships in Russia’s shadow fleet, marking the biggest bundle of its variety by the UK that goals to constrain the Kremlin‘s skill to fund its struggle in Ukraine.
According to an official assertion, these vessels, accountable for transporting over $4.3 billion value of oil and oil merchandise like gasoline up to now 12 months, convey the full variety of oil tankers sanctioned by the UK to 73.
“46 countries and the EU have now signed up to the UK-led call to action against the Shadow fleet, announced by Prime Minister Keir Starmer at the European Political Community summit in July,” the assertion mentioned.
“Today’s announcement comes as the Foreign Secretary uses the G7 Foreign Ministers meeting in Italy to push other countries to maintain pressure on Russia’s war machine, in parallel with efforts to step up military and financial support for Ukraine,” it added.
UK Foreign Secretary David Lammy, talking on the G7 Foreign Ministers assembly in Italy, emphasised the strategic significance of those sanctions.
“Russia’s oil revenues are fueling the fires of war and destruction in Ukraine. I will work with our G7 partners and beyond to exert relentless pressure on the Kremlin, disrupt the flow of money into its war chest, erode its military machine, and constrain its malign behavior worldwide,” Lammy said.
The sanctions additionally goal insurance coverage firms that help the shadow fleet, amplifying the monetary and operational stress on Russia.
By chopping off vital income streams, the UK and its allies purpose to degrade Russia’s navy capabilities whereas defending world commerce from unsafe delivery practices and potential oil spills.
The overseas secretary additionally highlighted the UK’s dedication to the Global Combat Air Program, a trilateral initiative with Japan and Italy.
The program will bolster collective protection capabilities and create jobs via its newly introduced UK-based headquarters.
Source: www.anews.com.tr