Bank Of Baku

UK imposes sanctions on Russia's 10 largest oil producers

UK imposes sanctions on Russia
# 12 November 2026 17:57 (UTC +04:00)

The United Kingdom has become the first country to impose sanctions on all 10 of Russia's largest oil-producing companies, stated by the British government on November 12, APA reports.

The new sanctions package covers shadow fleet vessels transporting Russian oil and liquefied natural gas (LNG), major coal companies, as well as Rosneft's Vostok Oil project.

According to the British government, the restrictions target nearly every part of the revenue-generating chain in Russia's oil and gas sector, including producers, trading networks, supply chains, and transportation.

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