The Power Within: The Kyiv Independent’s first-ever magazine. Be among the first to get it.

pre-order now
Skip to content
Edit post

UK sanctions four Russian steel, petrochemical oligarchs funding war in Ukraine

by The Kyiv Independent news desk November 2, 2022 4:31 PM 1 min read
This audio is created with AI assistance

The U.K. has imposed sanctions against four Russian tycoons "who have enabled (Russian President Vladimir) Putin to mobilize Russian industries to support his military effort," the British government reported on Nov. 2.

The measures targeted Alexander Abramov and Alexander Frolov, known as business associates of Roman Abramovich, who are thought to have an estimated net worth of $4.7 billion and $1.95 billion respectively, the statement reads.

The U.K. has also sanctioned Airat Shaimiev, with an estimated net worth of $1 billion, and Albert Shigabutdinov, who is believed to have $1.1 billion net worth.

News Feed

5:22 PM

Defense Minister: Ukraine has alternatives to Starlink system.

Umerov did not specify what the alternatives were or go into details about the discussions. Last month, the Digital Transformation Ministry told the Kyiv Independent that Starlinks were still a critical part of communication on the frontline and that a new order was underway.
4:49 PM

US sidelines Ukraine in favor of Russia | Ukraine This Week.

The Kyiv Independent’s Anna Belokur breaks down the stories impacting Ukraine this week. The U.S. special envoy for Ukraine Keith Kellogg visited Kyiv as the U.S. President Donald Trump’s team started talks with Russia about a ceasefire deal — without Ukraine’s involvement.
10:01 PM

Musk denies US threat to cut Starlink over Ukraine minerals deal.

Billionaire entrepreneur Elon Musk has denied reports that the United States threatened to shut off Starlink in Ukraine unless Kyiv agreed to a minerals deal. Responding to a report by Reuters, Musk called the claim "false" and accused the news agency of lying.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.