Britain Imposes Sanctions on Russia's Energy Sector
Britain imposed sanctions on Thursday on more Russian oil companies and Canadian-Pakistani billionaire Murtaza Lakhani as part of efforts to ramp up pressure on Moscow over the war in Ukraine.The government targeted 24 individuals and entities, including what it described as Russia's largest remaining unsanctioned oil companies: Tatneft, Russneft, NNK-Oil and Rusneftegaz.The latest measures aim to make it harder for Russia to trade its oil globally. In October, Britain and the U.S.
Britain, Norway Sign £10b Maritime Defense Deal
Norway and Britain on Thursday (September 4) signed a £10 billion ($13.51 billion) agreement aimed at strengthening Norway's maritime defence capabilities, marking the Nordic country's largest military investment to date.Norway, which announced the deal on Sunday (August 31), said it had chosen Britain as its strategic partner for the acquisition of new frigates, following a competitive process that included proposals from Germany, France and the United States.Norway is NATO's monitor for the vast 2 million square kilometres (772…
