Incremental Pressure, Structural Impact

Beefy’s Analysis of the UK’s 24 February 2026 Russia Sanctions Anniversary Package

Beefy’s detailed summary and analysis of the new United Kingdom sanctions on Russia announced on 24 February 2026 (released to coincide with the fourth anniversary of Russia’s full-scale invasion of Ukraine).

UK Russian Sanctions - The 4th Anniversary Package

The UK’s measures represent a significant escalation designed to squeeze Moscow’s financial and energy apparatus and disrupt networks enabling the war effort:

1. Massive Expansion of Sanctions List

The UK expanded its Russia sanctions regime by adding nearly 300 new listings, covering legal entities, individuals, and ships:

• 240 legal entities (companies, organisations)

• 7 individuals

• 50 vessels targeted under new restrictions
  These are now subject to UK asset freezes, financial prohibitions, and travel bans under the UK’s Russia (Sanctions) Regulations.

2. Focus on Energy and Oil Revenues

A core goal of the package is to cut key revenue streams that fund Russia’s war effort:

• Transneft — the state-linked company that transports over 80 % of Russia’s oil exports — has been sanctioned, targeting a central artery of Russia’s energy export system.

• Major oil infrastructure players, including Gazprom LNG Portovaya and Novatek’s kryogenic ventures, are also listed.

• Measures further target the shadow fleet network (notably vessels and companies involved in covert oil shipments), aiming to choke off efforts to evade sanctions.

3. Strategic Sectors and Military Supply Chains

The sanctions broaden beyond finance to include entities tied to Russia’s military supply and industrial base:

• Several banks have been newly designated, including Avers Bank, Post Bank, Ak Bars Bank, and Transcapitalbank, tightening financial chokepoints.

• UK listed companies linked to Rosatom’s foreign affiliates (e.g. Rosatom Energy Projects JSC and Rusatom Overseas) — curtailing nuclear-linked commercial and technology flows.

4. Information and Influence Networks

In a less traditional sanctions move, the UK designated two Georgian television companies (Imedi TV and PosTV), accusing them of spreading misleading information about the conflict.

5. Largest Package Since Beginning of the War

British officials described this as the largest sanctions package against Russia since the invasion began in 2022, reflecting a determination to steadily tighten pressure as the conflict continues.

Context and Linked Developments

• The UK announcement came as the EU failed to agree on a new (20th) sanctions package due to a veto by Hungary; the UK’s unilateral action fills that gap in Western pressure.

• Other partners like Australia also unveiled new sanctions targeting shadow fleet and associated sectors on the same anniversary.

In essence, the UK’s 24 Feb 2026 sanctions are a comprehensive tightening of its Russia sanctions regime — targeting energy revenues, financial institutions, military supply chains, overseas affiliates, and information channels, with the stated intent to further degrade Russia’s capacity to finance and sustain its invasion of Ukraine.

The Nitty Gritty

Here is a clear, categorised extraction of specific sanction targets from the UK Government’s List of Russia Sanctions Targets (published 24 February 2026) under the UK’s Russia (Sanctions) Regulations. This reflects the UK’s broad effort to choke the Kremlin’s war economy, energy revenues, disinformation networks, and military supply chains.

1. Energy Sector & Allied Entities

These targets are directly involved in Russia’s energy infrastructure or connected commercial activities:

• PJSC TRANSNEFT

• ROSATOM ENERGY PROJECTS JOINT STOCK COMPANY

• REIN ENGINEERING JSC

• JSC RUSATOM OVERSEAS

• GAZPROM SPG PORTOVAYA LIMITED LIABILITY COMPANY

• CRYOGAS VYSOTSK LIMITED LIABILITY COMPANY

• KUNLUN RED STAR ENERGY HOLDINGS LIMITED

• KUNLUN RED STAR ENERGY TRADING LIMITED

• MARITIME MUTUAL INSURANCE ASSOCIATION (NZ) LTD

• MARITIME MUTUAL ASSOCIATION LIMITED

• Individuals related to energy sector connections (e.g., Andrey Valeryevich Rozhdestvin, Ilya Aleksandrovich Vergizaev)

2. Entities Linked to Tahir Garayev / 2RIVERS Group Network (Sanctioned Trading & Logistics)

A very large block of companies tied to oil trading, shipping, and logistics associated with Tahir Garayev and the Coral Energy/2RIVERS network:

Examples include:

• ABEL LOGISTICS LTD

• ACCORD COMMERCE FZCO

• ALPHA TRADE FZE

• ASTRA EAST NAVIGATION FZE

• ATLANTIC JIU YU NAVIGATION FZE

• FUEL AND OIL DYNAMICS FZE

• VECTOR CHEMICALS DMCC

• VENTURIA SHIPPING LIMITED

• ZENITH GLOBAL CORPORATION LIMITED
  (…and hundreds more in this group)

🎯 These companies are widely designated due to their roles in facilitating Russian energy exports and sanction circumvention.

3. Ships Involved in Transporting Russian Oil & LNG

The UK specifically designated ships used to move Russian crude oil and LNG to third countries — an effort to tighten the energy export chokehold:

Oil Transport Vessels

• ADITYA (IMO 9323314)

• ALTURA (IMO 9292199)

• APATE (IMO 9433016)

• BLUEBELL (IMO 9251810)

• CAROLINE BEZENGI (IMO 9224439)

• GENERAL SKOBELEV (IMO 9503304)

• STANISLAV GOVORUKHIN (IMO 9621596)

• TYCHE 1 (IMO 9308077)
  (…among many others)

(The list continues through dozens of vessels — each with IMO numbers indicated.)

4. Financial Sector (Banks and Financial Institutions)

These are banks whose assets and operations are now under UK sanctions:

• POST BANK JOINT-STOCK COMPANY

• AVERS BANK JOINT-STOCK COMPANY

• PUBLIC JOINT STOCK COMPANY “TRANSCAPITALBANK”

• JOINT-STOCK COMMERCIAL BANK “ABSOLUT BANK”

• SINARA BANK JOINT STOCK COMPANY

• JOINT-STOCK COMPANY COMMERCIAL BANK “LANTA-BANK”

• LIMITED LIABILITY COMPANY “BANK TOCHKA”

• JOINT-STOCK COMMERCIAL BANK “AK BARS”

• JOINT-STOCK COMMERCIAL BANK “FORA-BANK”

5. Disinformation and Media Targets

The UK has also moved beyond purely economic targets to include entities tied to spreading Russian-aligned narratives:

• IMEDI TV

• POSTV

6. Defence & Industrial Supply Chain

Entities and individuals tied to supplying the Russian military or its industrial base:

Examples:

• LLC PLANT OF ELECTRIC AGGREGATE ENGINEERING “SEPO-ZEM”

• LLC TOP ALLOY

• JSC STUPINO METALLURGICAL COMPANY

• LLC PHOENIX

• Private individuals such as Abram Borisovich Goldman and others involved in supply networks

7. International Suppliers of Military or Dual-Use Goods

Foreign companies that have supplied sensitive technologies or machinery to Russia:

• XIEFENG (HK) INT’L ELECTRONICS LTD

• YIBIN VECTOR ELECTRONIC TECHNOLOGY CO., LTD.

• BEIJING XICHAO INTERNATIONAL TECHNOLOGY AND TRADE CO LTD

• DALIAN UNITECH TRADING CO., LTD.

• SIAM AERO REPAIR CO LTD

• SPECTRASYNC CO LTD
  (Total list contains multiple similarly scoped corporations)

8. Electronics Sector Targets (Tech and Components)

Entities and individuals linked to electronics supply for Russian industry or military:

• Mikhail Vladimirovich GRISHCHENKO

• MIDAX GROUP LLC

References and sources

1. UK Government list of sanctioned targets

➡️ https://www.gov.uk/government/publications/list-of-russia-sanctions-targets-24-february-2026/list-of-russia-sanctions-targets-24-february-2026

📌 News Reports on the 24 Feb 2026 Sanctions

2. Reuters / International coverage of Transneft sanctions

➡️ https://www.khaleejtimes.com/world/europe/uk-sanctions-russia-transneft-fourth-anniversary-war

3. Interfax report on expanded UK sanctions list

➡️ https://interfax.com/newsroom/top-stories/116278/

4. Interfax on Transneft sanctions + temporary licence details

➡️ https://interfax.com/newsroom/top-stories/116279/

📌 Related Context / News

5. Al Jazeera live coverage of Russia-Ukraine war anniversary events

➡️ https://www.aljazeera.com/news/liveblog/2026/2/24/live-russia-ukraine-war-enters-fifth-year-as-strikes-hit-zaporizhzhia

6. Reuters snapshot – broader Russia sanctions developments (EU actions)

➡️ https://www.reuters.com/world/eu-imposes-sanctions-8-individuals-involved-human-rights-violation-russia-2026-02-23/