UK sanctions Putin’s cousin and Russia’s second-wealthiest man.

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By Creative Media News

Anna Tsivileva is the president of the prominent Russian coal mining company JSC Kolmar Group, in addition to being a relative of Vladimir Putin. Vladimir Potanin, an oligarch who has acquired shares in Rosbank and Tinkoff Bank since Russia invaded Ukraine, is a key backer of the Moscow regime.

The UK government’s latest Kremlin supporters to be sanctioned are Vladimir Putin’s cousin and Russia’s second-wealthiest man.

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Anna Tsivileva is not only a relative of Vladimir Putin but also the president of the sanctioned Russian coal mining company JSC Kolmar Group.

Her husband, Sergey Tsivilev, is the governor of the coal-rich Kemerovo region, and the couple is said to have benefited “significantly” from their relationship with the Russian leader.

Vladimir Potanin, who has acquired Rosbank and Tinkoff Bank shares since Russia invaded Ukraine, is a key backer of the regime in Moscow.

The Foreign Office reports that the government is also working with international allies to implement new measures that will prevent Russia from gaining access to UK trust services.

A representative stated, “So long as Putin continues his abhorrent assault on Ukraine, we will use sanctions to weaken the Russian military machine.

“Today’s sanctions demonstrate that nothing is off the table, including Putin’s inner circle,”

In the immediate aftermath of Russia’s invasion of Ukraine, British oil imports from Russia decreased significantly, according to official data released Wednesday.

In April, two months after the start of the war, the UK imported approximately £140 million worth of Russian refined oil, according to Office for National Statistics data.

According to the ONS, this was a decrease from the approximately £410 million imported refined oil from Russia in February. This was when Russia was the largest supplier to the United Kingdom.

The United Kingdom has since increased its supply from other nations, including the United Arab Emirates, Saudi Arabia, and Belgium, making Russia its sixth-largest supplier.

Following the conflict, prices for refined oil, which includes gasoline, diesel, and heating oil, have all increased.

By the end of this year, the United Kingdom will no longer import gasoline and diesel from Russia.

The EU, which relies on Russia for 26% of its oil supply, agreed last month to ban the majority of Russian oil imports.

While both the United Kingdom and the United States have sanctioned Russian oil over the conflict in Ukraine, neither country was particularly reliant on it before the ban, importing only 14% and 3% respectively.

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