UK Imposes Sanctions on 20 Russian Oil Tankers

The European Union's sanctions against Russia are significantly impacting its economy, with the rouble at record lows and inflation soaring to 70% in certain sectors, according to European Commission President Ursula von der Leyen. She emphasized the importance of targeting Russia's military spending, which now consumes over a third of its budget, as the EU prepares its 16th package of sanctions. Concurrently, the UK has intensified its tanker sanctions campaign, adding 20 more vessels to its blacklist, which now totals over 100 ships, primarily targeting those transporting Russian oil. Prime Minister Keir Starmer stated that these measures aim to further pressure President Putin's economy amid ongoing military operations. Despite these efforts, a significant number of sanctioned tankers continue to operate, with the grey fleet still expanding. The situation underscores the complexities of enforcing sanctions against Russia's energy trade while providing support to Ukraine.