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Thursday, March 13, 2025
WorldUnited Kingdom sanctions four Russian steel and petrochemical magnates

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United Kingdom sanctions four Russian steel and petrochemical magnates

In response to the conflict in Ukraine, the United Kingdom has imposed sanctions on four Russian steel and petrochemical tycoons.

Alexander Abramov and Alexander Frolov were among those who received sanctions; according to the UK, they were known allies of the oligarch Roman Abramovich, who received sanctions of his own earlier this year.

“Today we are sanctioning an additional four oligarchs who rely on

Putin for their positions of authority and in turn fund his military machine,” Foreign Secretary James Cleverly said.

“By targeting these individuals, we are ramping up the economic pressure on Putin and will continue to do so until Ukraine prevails.”

 

 

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