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London sanctions giant PJSC Transneft, which transports 80% of Russian oil

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A woman visits one of the memorials to those who died defending Ukraine against the Russian invasion, this Tuesday in Kyiv.
A woman visits one of the memorials to those who died defending Ukraine against the Russian invasion this Tuesday in Kyiv. Valentyn Ogirenko / Reuters
24/02/2026
1 min

Coinciding with the fourth anniversary of the invasion of Ukraine, the British government has announced a new package of sanctions against Russia, with 300 new measures putting pressure on PJSC Transneft, the giant that transports 80% of Russian oil, and on the shadow fleet, sanctioning 175 companies and 48 individuals.

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