February 24, 2026 3:24 PM
UK targets Russia’s Transneft in nearly 300 new sanctions on war’s fourth anniversary
Britain on Tuesday sanctioned oil pipeline operator Transneft as part of a package of nearly 300 measures, announcing its largest set of penalties to coincide with the fourth anniversary of Russia's invasion of Ukraine. The government said Transneft was one of the world's largest pipeline firms and the transporter of more than 80% of Russia's crude exports. It was targeted to further cut Moscow's energy revenues. "The UK has today taken decisive action to disrupt the critical finan...


