The United Kingdom on Wednesday announced 90 new sanctions targeting Russia's oil sector and Indian petroleum firm Nayara Energy Limited, in a fresh bid to cut off Moscow's wartime revenue streams. The UK's foreign, commonwealth and development office (FCDO) said the coordinated action, taken jointly with the Treasury, was designed to “strike at the heart” of Russian President Vladimir Putin’s war funding machine. “Today’s action demonstrates the government’s determination to cut off Putin’s revenue streams – targeting Russian companies and their global enablers,” the FCDO said in a statement. The sanctions package targets four oil terminals in China, 44 tankers in what the UK described as a “shadow fleet” used to transport Russian crude, and Nayara Energy Limited, which the FCDO c
UK targets Russia's oil chest: 90 new sanctions hit Rosneft, India’s Nayara Energy & more; move aims to choke Kremlin’s war funding

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