UK Targets Ships and Banks with New Russia Sanctions

Britain announced new sanctions targeting Russian ships, banks and industrial companies on Thursday, in its latest effort to disrupt the oil revenue flowing to Moscow which could be used to fund Russia's war against Ukraine. The government said it was adding 13 new designations ⁠and six specifications under ⁠Russia sanctions laws. Sanctions cover six Russian banks, six newly acquired shadow fleet tankers as well as four Russian companies importing tantalum and ⁠niobium, rare metals used in battlefield weapons.