UK announces new round of Russia sanctions targeting financial services, 'shadow fleet'

Britain's Foreign Office announced on Thursday new sanctions targeting individuals and entities it said ​were involved in the production or transport of ‌Russian oil, facilitating military manufacturing and circumventing financial services sanctions.
The 38 new designations are part of Britain's effort to squeeze ​Russia's ability to fund and equip its war ​in Ukraine, targeting the oil revenue, financial channels ⁠and military supply chains that sustain Moscow's war economy.
The ​package included:
A further 12 oil tankers which Britain says ​are operating as part of Russia's shadow fleet and helping Moscow evade sanctions on oil exports
Three crypto exchanges and two ​payment platforms suspected by Britain of being used by ​Russia to circumvent financial sanctions. Britain said two of those entities had ‌processed ⁠and facilitated transactions with the A7 illicit finance network
Seventeen entities and individuals involved in the supply of goods deemed by the UK, US and EU to ​be critical for the Russian ​war effort, ⁠including Russia-based importers of machine tools, electronics and materials used to produce missiles ​and drones
A statement from Russia's embassy in ​London, ⁠reported by state news agency RIA Novosti, said: "Each new sanctions package is intended to demonstrate the resolve of the ⁠British ​authorities, but in reality it ​highlights the ineffectiveness and futility of the course they have chosen."