Britain on November 8 imposed sanctions on 29 individuals and entities in Russia's gold and oil sectors, as it targets the Kremlin's finances supporting the war in Ukraine. Those sanctioned include a United Arab Emirates-based network that Britain said was responsible for channelling more than $300 million in gold revenues to Russia. Britain also imposed sanctions on two of Russia's largest gold producers, Nord Gold Plc and Highland Gold Mining Ltd, as well as oligarchs Vladislav Sviblov and Konstantin Strukov. The latest sanctions are meant to block individuals and entities from helping Russia evade the impact of international sanctions, Britain said.
