The UK imposed sanctions on 30 vessels in Russia’s shadow fleet responsible for transporting billions of pounds worth of oil and petroleum products over the past year, according to an official announcement.

Half of the sanctioned vessels transported oil and petroleum products worth over $4.3 billion in the last year alone. Accordign to the UK government, it marks the Britain’s largest sanctions package to date.

“This move will further restrict the Kremlin’s ability to finance its illegal war in Ukraine and its malign activity worldwide,” the government statement reports.

Britain now leads with 73 sanctioned oil tankers – more than any other country.

The announcement coincides with the British Foreign Secretary’s push at the G7 foreign ministers meeting in Italy for increased pressure on Russia’s military capabilities alongside enhanced military and financial support for Ukraine.

The UK Treasury has also sanctioned Russian companies Alfastrakhovanie and VSK Insurance House, freezing their UK assets and prohibiting transactions, as they are deemed to be “either funding the war in Ukraine or benefiting from supporting the Russian government.”

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