The UK has imposed its toughest sanctions yet on Russia, directly targeting its energy sector and the global enablers sustaining President Vladimir Putin’s war in Ukraine. Announced jointly by the Foreign, Commonwealth & Development Office and HM Treasury, the sweeping package of 90 new sanctions cuts deep into the Kremlin’s oil revenues, striking at major producers Rosneft and Lukoil – which together export more than three million barrels per day. Rosneft alone accounts for

A Latvian national has pleaded guilty in a United States federal court to conspiring with American partners to illegally export sensitive...

The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, has imposed a monetary penalty of £152,750 on Colorcon...

The UK, in coordination with the European Union, has introduced a reduced Oil Price Cap on seaborne Russian crude oil, lowering the...

A New Jersey resident and dual United States and Russian national has been sentenced to 30 months in prison for his role in a...

The Office of Financial Sanctions Implementation (OFSI) has fined UK company Markom Management Ltd (MML) £300,000 for breaching sanctions...

The UK government is ramping up economic pressure on Russia with a decisive new measure directly targeting the Kremlin’s vital oil...

Western sanctions regimes, particularly those imposed by the United States, the European Union, and the UK, were intended to economically...

The UK’s first successful criminal prosecution under the Russia (Sanctions) (EU Exit) Regulations 2019 signals a long-awaited shift from...

The UK Government has unveiled a new and extensive package of trade sanctions targeting Russia under the Russia (Sanctions) (EU Exit)...

Wagner, now Kremlin-controlled, remains a key tool for Russia, fueling conflicts, exploiting resources, and challenging global stability.

OFSI fines HSF Moscow £465K for breaching UK sanctions on Russia, making £3.9M in payments to sanctioned banks during its closure.