Live updates: Russia’s war in Ukraine

The UK introduced additional sanctions towards Russian residents and corporations on Wednesday, together with some described as being in Russian President Vladimir Putin’s “interior circle.” 

Amongst these sanctioned is Vladimir Potanin, described by the UK authorities as Russia’s second-richest man, with an estimated internet price of practically $16 billion, and a “key supporter of the Kremlin” accused of continuous “to amass wealth as he helps Putin’s regime.” 

Putin’s cousin Anna Tsivileva has additionally been sanctioned. As president of the Russian coal mining firm JSC Kolmar Group — additionally sanctioned Tuesday — the UK believes Tsivileva and her husband Sergey Tsivilev, the governor of the coal-rich Kemerovo area, have “considerably benefitted” from their relationship with Putin. 

The UK’s newest sanctions additionally goal Russian residents and corporations for his or her alleged involvement in supporting the Assad regime in Syria, a key Russian ally within the Center East. 

“So long as Putin continues his abhorrent assault on Ukraine, we are going to use sanctions to weaken the Russian warfare machine. Immediately’s sanctions present that nothing and nobody is off the desk, together with Putin’s interior circle,” a UK authorities spokesperson stated. 

Working along with worldwide allies, the federal government stated it might introduce measures to stop Russia from utilizing UK trusts companies used to handle belongings of others. 

The British authorities says it has sanctioned greater than 1,000 folks and greater than 120 companies since Russia invaded Ukraine in late February.