Seladore sanctions update – Rosneft, Lukoil and the shift of risk to Asia
28 October 2025
The recent designation of Rosneft and Lukoil by the US, UK and EU marks a decisive escalation in the western sanctions regime against Russia’s energy sector.
While these measures originate in Washington, London and Brussels, their most immediate commercial consequences will be felt in Asia – particularly among energy traders, refiners, shippers and financiers in China and India.
The secondary sanctions risk for counterparties and supply-chain participants is now significant, with potential long-term implications for contract performance, enforcement and dispute resolution.
In this latest Seladore briefing, Dan Hudson explores how recent sanctions developments are reshaping the risk landscape for Asian corporates, with a focus on emerging enforcement trends and their legal implications.