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US‑UK sanctions pressure on Russia

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-06 15:34 UTC → 2026-08-07 19:18 UTC · added removed

In late July, the United States and the United Kingdom released issued a side‑by‑side joint guide comparing to their financial‑sanctions regimes and announced a series of rolled out new measures. measures, with OFAC expanded expanding sanctions on Russia, Cuba, Iran and Venezuela, issuing a general license for limited Lukoil transactions, updating FAQs on Russia and Venezuela, Venezuela and targeting the UK adding a network linked to Iranian businessman Babak Zanjani. The guidance was intended to help multinational firms navigate package of 19 sanctions targeting Russian banks, vessels, rare‑metal importers and individuals supporting the overlapping rules. A week later, war economy. In August 2026, the United Kingdom announced a further package of 19 another sanctions focused on Russia’s war‑financing capabilities. The measures targeted package that designates six Russian banks, vessels in vessels—including the Kremlin’s LNG carrier Arctic Express—six banks and thirteen companies or individuals linked to Moscow’s war effort. The measures again focus on the shadow fleet, fleet of oil and LNG tankers and firms importing supplying rare metals used in weapons, for weapons production. At the same time, the U.S. Senate passed a sweeping sanctions bill, named after the late Senator Lindsey Graham, authorising tariffs of up to 500 % on Russian oil and 13 individuals gas imports and entities supporting up to 100 % on goods from the top buyers of Russian war economy. energy such as China and India. The UK action followed a recent EU legislation expands sanctions round and underscored to the continued coordination between Washington Russian shadow fleet and London older re‑flagged tankers. Russian maritime data shows the shadow LNG fleet has grown to choke off financial resources for Russia’s invasion 25 vessels through acquisitions and new builds, a strategy aimed at preserving LNG exports ahead of Ukraine. the EU’s planned 2027 ban on Russian LNG.

Versions

  1. 2026-08-07 19:18 UTC US‑UK sanctions pressure on Russia
  2. 2026-08-06 15:34 UTC US‑UK sanctions pressure on Russia

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