UK Adds 70 Russia Measures Targeting Shadow Fleet, Procurement and Illicit Finance

The UK announced 70 new Russia sanctions covering more than 20 oil tankers, ship insurers, shipping services, LNG vessels linked to Arctic LNG 2, military procurement networks and illicit-finance actors. The package also targets third-country suppliers in China, Thailand and Türkiye, plus a Nigeria entity linked to the A7 sanctions-evasion network. This widens the diligence perimeter for law firms, insurers, shipping counsel and banks. Sanctions advice increasingly requires tracing vessels, ownership, procurement channels, finance flows and third-country touchpoints.