Yesterday, the UK published an update to its sanctions list, which includes 240 legal entities, 7 individuals, and 50 vessels. This is the most extensive update to UK sanctions since 2022. Among those subject to sanctions today, we note the following:

• Transneft PJSC,

• several Russian banks: Pochta Bank JSC, Tochka Bank LLC, Sinara Bank JSC, Transcapitalbank PJSC, AK BARS BANK PJSC

• nuclear industry companies: Rusatom Energy Projects JSC, Rusatom Overseas JSC

• offshore LNG terminals Gazprom LNG Portovaya LLC and Kriogaz-Vysotsk LLC

• 175 companies that, according to the UK, are part of the 2Rivers oil trading network, which supplies oil in circumvention of sanctions and uses a so-called “shadow fleet”

• A number of legal entities from Thailand, China, and India that, according to the UK, are involved in the supply of prohibited goods and services

The OFSI also published two general licenses allowing for the completion of transactions until April 9, 2026: INT/2026/8893924 (completion of transactions with Transneft PJSC and its subsidiaries) and INT/2026/8893924 (completion of insurance transactions with Maritime Mutual Gibraltar and Maritime Mutual NZ).