“Russia’s oil revenues are fueling the fires of war and destruction in Ukraine,” Foreign Secretary David Lammy said in Italy at a meeting of G7 foreign ministers. “We are determined to ensure that both the ships and the enablers of those ships thwarting European and U.K. sanctions are hurt at this time.”
Half the ships sanctioned delivered more than 3.4 billion pounds ($4.3 billion) worth of oil and oil products in the past 12 months, a Foreign Office statement said. Two insurers were sanctioned for enabling the fleet.
Leaders at the European Political Community summit in July had agreed to tighten sanctions on the fleet.