Story perspectives
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.
