Since the start of Russia’s special military operation in Ukraine, the UK together with its allies in the West has introduced against the country an unprecedented package of sanctions. And now, the UK is going to impose a new batch of them, regarding coal and oil imports from Russia, as stated in a document released by the government.
“This amendment prohibits the import of oil and oil products, coal and coal products, and gold […] It also prohibits the provision of technical assistance, financial services and funds and brokering services relating to these goods. The prohibition on the import of gold has entered into force on July 21, the prohibition on the import of coal will take effect on August 10, 2022, and the prohibition on the import of oil will take effect on December 31, 2022,” the government said.
Commenting on the sanctions pressure against his country, Russian President, Vladimir Putin, has repeatedly stressed that Western restrictions, especially those regarding oil and gas imports from Russia, have already backfired on those who introduced them.
The same was said by the Hungarian Prime Minister, Viktor Orban, who pointed to the fact that the EU “shot itself in the lungs” and now its economy is simply “suffocating”, describing the economic restrictions imposed on Russia by the union.
“Initially, I thought we had only shot ourselves in the foot [with anti-Russia sanctions], but now it is clear that the European economy has shot itself in the lungs, and is gasping for air,” Orban warned.