15.5 C
London
Saturday, June 1, 2024
HomeWorldUK sanctions Putin's cousin and Russia's second-wealthiest man.

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

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.

2 48
Uk sanctions putin's cousin and russia's second-wealthiest man.

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.

RELATED ARTICLES

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular

Impressive T20 World Cup favorites India are injured but England can win

England's preparation for the T20 World Cup has yet to proceed as anticipated as a result of the deluge in Cardiff and Leeds. However, the preliminary indications have been highly encouraging. In the two games against Pakistan that were played, they were a team that had all aspects covered. Jofra Archer's return is significant: in this format, he is a high-class player who provides a genuine point of differentiation. Additionally, his presence enhances the team's bowling attack by providing both quality and diversity.

Mexican mayoral candidate killed two days before vote

Two days prior to the elections, a candidate for municipal office in central Puebla state was fatally shot at a political rally, further exacerbating the number of murdered candidates in what is considered the most violent polls in the country's history. According to the state prosecutor's office, Jorge Huerta Cabrera was fatally shot on Friday in the city of Izucar de Matamoros, where he was a candidate.

‘Reckless’ for Trump to declare the trial biased, according to Biden

A day after the historic conviction, US President Joe Biden stated that it was "reckless" for his predecessor, Donald Trump, to refer to his trial as rigged. Mr. Biden vigorously defended the US justice system in his initial public statements regarding the guilty verdict for Trump on 34 counts of falsifying business records. Mr. Biden reaffirmed the American principle that no one is above the law in response to the outcome.

Jennifer Lopez cancels US This Is Me… Live tour dates

In support of her first solo album in a decade, the tour was to be her first in five years. On Friday, Live Nation announced the cancellation of the 2024 summer tour, stating that Jennifer is "taking time off to be with her children, family, and close friends." The singer expressed her regret for disappointing her fans in her On the JLo newsletter, stating, "I am completely heartbroken and devastated about letting you down."

Recent Comments