"At the same time, the UK government announced sanctions against the two companies, saying their profits were "lining (Russian President Vladimir) Putin's war chest and facilitating the war" in Ukraine. "Taking on Russian oil companies will drain Russia's war chest -- and every ruble we take from Putin's hands helps save Ukrainian lives," UK Foreign Secretary David Lammy said in a statement. "Among those it designated were people involved in Russia's metals and mining sector, "and senior officials of State Atomic Energy Corporation Rosatom. "The move sparked condemnation from Rosatom, which called it "unreasonable and unlawful" in nature. "The sanctions are perceived as an element of unfair competition on the part of unfriendly states," Rosatom said in a statement published by several Russian news agencies.

Source: The Times January 11, 2025 02:39 UTC