U.K. Foreign Secretary James Cleverly. Photo: Tayfun Salci/Zuma PressThe U.K. government has sanctioned 29 entities and individuals operating in and supporting Russia’s gold and oil sectors, in an effort to cut off revenue streams funding its war in Ukraine. Entities sanctioned Wednesday include Nord Gold and Highland Gold Mining, two of the largest producers of Russian gold, and Paloma Precious DMCC, a United Arab Emirates-based network the U.K. said has channeled more than $300 million in gold revenue to Russia.

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Persons: James, Tayfun Salci, Paloma Precious DMCC Organizations: Foreign, Zuma, Nord, Highland Gold Mining, United Locations: Ukraine, Nord Gold, United Arab Emirates, Russia