LONDON — Britain has announced new sanctions designed to degrade Russia’s ability to wage war in Ukraine, targeting entities based in China, Israel, Kyrgyzstan and Turkey, as well as the Russian energy industry.
The sanctions announced at the G7 summit apply to 50 companies and individuals involved in supplying munitions, machine tools, microelectronics, and logistics to the Russian military, together with ships transporting military goods from North Korea to Russia.
A British government statement about the “crack down on Putin’s war machine” names the Israel-based firm as Texel, which has also been blacklisted by the US Treasury Department for having “supplied a Russian company with electro-optic and infrared devices following the start of Russia’s full-scale invasion of Ukraine.”
Britain also says it’s targeting the “shadow fleet” of ships used to circumvent G7 sanctions on the Russia oil and natural gas industry. The UK Foreign Office says this is particularly important because taxes on oil production accounted for 31% of the Russian government’s revenue last year.
British Prime Minister Rishi Sunak says in a statement that the UK “will always stand shoulder to shoulder with Ukraine in its fight for freedom.’’
Sunak adds that Russian President Vladimir Putin “must lose, and cutting off his ability to fund a prolonged conflict is absolutely vital.”
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
— Gabriella Jacobs, multimedia journalist
Support our work
Support our work
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this