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UK Imposes Sanctions on Russia's Oil Giants Amid Ukraine Conflict

10/15/2025

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Story summary
  • On October 15, 2025, the United Kingdom imposed sanctions on Russia targeting Rosneft, Lukoil, and 90 entities.
  • The measures aim to cut funding for Russia's military operations in Ukraine, with Rosneft accounting for half of Russia's oil production and 6% of output.
  • Foreign Secretary Yvette Cooper said the UK will not relent until peace is achieved.
  • The package restricts the shadow fleet and foreign oil-export firms, affecting India and China.