The UK announced 38 new sanctions designations on 8 October 2026, according to the Foreign, Commonwealth & Development Office. The package targets Russian oil companies, shadow fleet tankers and those supplying goods the UK considers critical to Russia's military.
Two Russian oil companies, Zarubezhneft and INK Capital, were designated. The office said UK sanctions now cover over 90% of Russia's total oil production capacity. A further 12 tankers were designated, bringing the total number sanctioned to over 600.
The package also includes three crypto exchanges and two payment platforms, including three linked to Kyrgyzstan and one linked individual, which the UK suspects are used to circumvent financial sanctions. It added 17 entities and individuals involved in supplying Common High Priority goods, including machine tools, electronics and materials the UK, US and EU deem vital to Russia's war effort.



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