Ukraine war briefing: Sanctions to strike at Putin’s oil ‘shadow fleet’

News Snapshot:

The UK has announced dozens of new sanctions aimed at constraining Russia’s war in Ukraine, including targeting Moscow’s main stock exchange, a day after Washington announced similar measures. Washington on Wednesday unveiled a raft of sanctions, including on the Moscow exchange and several subsidiaries, that raise the stakes for foreign banks that still deal with Russia. The punishment, set to complicate billions of dollars in transactions, dramatically prompted the Moscow exchange to halt dollar and euro trades on Thursday. Among the new UK sanctions are its first on vessels in Putin’s so-called shadow fleet, used by the Kremlin to circumvent...