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UK tightens sanctions against Russia’s largest oil firms

RT (Russia Today)•Wednesday, October 15, 2025 at 3:01:49 PM
PositiveFinancial Markets
UK tightens sanctions against Russia’s largest oil firms
The UK has announced new sanctions aimed at tightening restrictions on Russia's largest oil firms, Lukoil and Rosneft, by targeting third-country companies that engage in business with them. This move is significant as it reflects the UK's ongoing commitment to hold Russia accountable for its actions and to disrupt its oil revenue, which is crucial for funding its operations. By increasing pressure on these major players in the oil industry, the UK hopes to further isolate Russia economically and politically.
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