UK is taking targeted action against Indian, Chinese Firms over Russian oil trade, British finance minister says

The UK is cracking down on Indian and Chinese companies that are helping Russia sell its oil. Chancellor Jeremy Hunt announced these targeted sanctions, aiming to disrupt Moscow's oil trade and put more pressure on Russia's economy. This move sign...

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British finance minister Rachel Reeves said on Wednesday the government was taking targeted action against companies in India and China that continued to facilitate the flow of Russian oil into global markets.

Britain issued fresh sanctions earlier on Wednesday against Russia's so-called shadow fleet.
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