Contact Us

UK sanctions Russia's Transneft on fourth anniversary of war

"The UK  has today taken decisive  action ⁠to  ‌disrupt the ‌critical  financing, military equipment and ⁠revenue streams that ‌sustain Russia's aggression," foreign minister Yvette Cooper ⁠said in ⁠a statement on Tuesday.

Reuters WORLD
Published February 24,2026
Subscribe
British Foreign Secretary Yvette Cooper (AFP File Photo)

Britain on Tuesday sanctioned oil pipeline giant Transneft among ⁠nearly 300 ⁠other Russian targets, in what it said was its largest package ⁠of measures since the early months of the Ukraine war.

Announcing the sanctions on the fourth anniversary of the war, 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 sanctions also included 48 oil tankers, the government said.

"The UK  has today taken decisive  action ⁠to  ‌disrupt the ‌critical  financing, military equipment and ⁠revenue streams that ‌sustain Russia's aggression," foreign minister Yvette Cooper ⁠said in ⁠a statement.