UK Sanctions Major Russian Oil Companies
The U.K.’s Office of Financial Sanctions Implementation on Jan. 10 sanctioned major Russian oil producers and exporters Gazprom Neft and Surgutneftegas for operating in Russia’s energy sector. The designations were announced in conjunction with new sanctions issued by the Biden administration last week, U.S. officials said, which targeted a host of companies and vessels helping to move Russian energy products (see 2501100027).
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