The threat from Russia to our national security cannot be underestimated, that is why we will do everything in our power to destroy his shadow fleet operation, starve his war machine of oil revenues and protect the subsea infrastructure that we rely on for our everyday lives,
The threat from Russia to our national security cannot be underestimated,
Russia’s shadow fleet will be hit with the largest ever sanctions package today, ramping up pressure on Putin and protecting UK and European critical national infrastructure."
Putin uses the shadow fleet to cling onto his oil revenues and prop up the Russian oil industry. Thanks to Western sanctions, Russia’s oil and gas revenues have fallen every year since 2022 – losing over a third of its value in three years. Sanctions and the cost of his barbaric war are causing the Russian economy to stall – with the wealth fund hollowed out, inflation rising and government spend on defence and security spiralling."
Every step we take to increase pressure on Russia and achieve a just and sustainable peace in Ukraine is another step towards security and prosperity in the UK,