The third quarter of 2025 marks greater coordination between the European Union and United Kingdom on sanctions, specifically with respect to lowering the price cap on Russian oil, broadening the range of targeted individuals and entities, and introducing new measures against sanctions circumvention via third countries.
Key developments also include new sectoral restrictions, expanded export control powers, targeted guidance for high-risk industries and jurisdictions, and increased enforcement focus.
Beyond Russia, both the European Union and United Kingdom maintained pressure on Belarus, Iran, and Libya, with the UK also proscribing Palestine Action as a terrorist group.
In this update, our global team provides an in-depth look at key developments introduced between June and August 2025, highlighting what these changes mean for businesses across affected sectors.
