UK Urges Tougher Sanctions on Russian Fleet
British finance minister John Healey has called on global counterparts to tighten sanctions against Russia-linked shipping and shadow fleets. He also announced seventeen million pounds in funding to repair Ukraines Chornobyl nuclear plant.
United Kingdom finance minister John Healey urged international counterparts on Thursday morning to tighten economic penalties against Russia and its shadow fleet. The appeal comes as the United States weighs easing restrictions on vessels carrying petroleum from Iran and Venezuela to cool freight rates. Maintaining strict maritime restrictions remains vital to curb Moscow's military funding for the ongoing war in Ukraine with support from allies including France and Brent Crude Oil markets watching closely.
