180 ships and two companies.. America and Britain target Russia with new sanctions

The United States and Britain announced broad sanctions on the Russian energy sector on Friday, targeting in particular, in an effort to undermine “the Kremlin’s largest source of financing.”
The US Treasury Department announced a series of sanctions that include more than 180 ships and two major oil companies, and Britain in turn announced similar sanctions on the Russian oil sector.

US-British sanctions on Russia

She said that these sanctions “fulfill the G7 commitment to reduce Russian energy revenues,” while an American official told reporters that they are the largest sanctions imposed so far on the Russian energy sector.
In total, the United States imposed sanctions on 183 oil tanker ships within the so-called “Ghost Fleet,” even though a number of these ships fly the flag of Barbados and Panama.
The sanctions also included companies operating in Russia in the oil trade and oil fields, especially Gazprom Neft and Surgutneft Gas, along with more than twenty companies affiliated with them.

Targeting the Russian energy sector with sanctions

The sanctions also include a ban on providing services provided by American companies specialized in the oil sector to the companies concerned, especially in the field of assistance in extracting and producing petroleum products.

The US Treasury Department indicated that the ban will come into effect on January 27, while the British government announced that the profits of the two companies “fill the war chest of Russian President Vladimir Putin and facilitate the war” in Ukraine.
A statement quoted British Foreign Secretary David Lammy as confirming that “confronting Russian oil companies would drain the Russian war chest.”

Russian denunciation

The Russian company “Gabrom Neft”, a subsidiary of the giant Gazprom group, on Friday denounced the US and British sanctions targeting it, considering them “unjustified and illegitimate.”
US Treasury Secretary Janet Yellen said, “The United States is taking comprehensive measures against the main source of Russian revenues to finance its brutal and illegal war against Ukraine.”
“Today, the United States imposed the most significant sanctions yet on the Russian energy sector, the largest source of revenue for Putin’s war,” Deputy National Security Advisor for International Economics Dalip Singh said in a statement.
He added, “These sanctions will strongly hit every major node in the oil production and distribution chain in Russia.”