BRITAIN IMPOSES SANCTIONS ON RUSSIAN, CHINESE ENTITIES
Meanwhile, the UK joined the diplomatic push by placing sanctions on two major Russian oil firms including Lukoil and Rosneft, and several Chinese refining and port entities, including Shandong Yulong Petrochemical, Shandong Jingang Port, Shandong Baogang International, and Shandong Haixin Port.
Additional sanctions target 51 ships (including LNG tankers) and China’s Beihai LNG Terminal, a buyer of Russian gas, as well as Nayara, a Rosneft-controlled Indian refinery already sanctioned by the EU.
China’s foreign ministry condemned the sanctions, calling them “unilateral” and illegal. It lodged a stern protest and warned the move would destabilise markets without altering Russia’s conduct.
RUSSIA CONFIDENT DESPITE PRESSURE
Russia’s embassy in London accused the UK of attempting to destabilise markets and imposing undue costs on British consumers. Kremlin-aligned voices expressed confidence that the sanctions would not affect Russia’s energy exports or foreign policy.
Deputy Prime Minister Alexander Novak said plans for further cooperation with India would continue unabated. President Vladimir Putin added that Russia’s oil output would ebb only slightly this year, despite drone attacks on its energy infrastructure in Ukraine.
