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Investing.com -- On Tuesday, the UK declared extensive sanctions against Russia’s military, energy, and financial sectors, escalating its pressure on Russia amid the ongoing conflict with Ukraine.
The announcement of 100 new sanctions came in response to Russian drone attacks against Ukrainian cities over the weekend, which represented the largest drone assault of the war.
Foreign Minister David Lammy urged Russian President Vladimir Putin to agree to an immediate, unconditional ceasefire, paving the way for negotiations towards a fair and lasting peace.
Lammy emphasized that any delay in peace efforts would only strengthen the UK’s determination to assist Ukraine in its defense and use sanctions to curb Putin’s war machinery.
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