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Norway bars deals with 33 more Russian financial institutions—and 22 more from India to Nigeria

21 October 2026 at 15:37

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Norway has put into force a new round of sanctions against Russia that hits banks, listed oil refineries, ports, airports, and suppliers of Russia’s military industry, the Norwegian Foreign Ministry announced. The rules mirror the EU’s 21st sanctions package, which Brussels adopted in July.

The EU’s 22nd package, adopted on 12 October, is principally a list of names, while the 21st brought significant new measures, lawyers noted. Among them are new tools against the shadow fleet, the tankers with murky ownership that Russia uses to move oil around sanctions. That fleet also sails along Norway’s coast, and a new Norwegian Coastal Administration report found that it poses a growing threat to security and the environment there.

Banks, refineries, and Sheremetyevo

Norway is not an EU member, but it has joined every EU sanctions package against Russia, with a few exceptions and national adjustments. Oslo backed this one politically on 11 August, and the rules took effect on 21 October. Part of the package was already in force. It placed travel restrictions and asset freezes on 48 people and asset freezes on 168 entities, and it listed 41 shadow fleet vessels on 14 August.

Norway’s transaction ban now covers 33 more Russian credit and financial institutions. A separate ban covers 22 more abroad, including in India, Mongolia, Nigeria, and the UAE.

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Norway sends 69 Russians home without their ship, held for Ukraine

Another transaction ban reaches listed refineries in Russia and third countries that process Russian oil or help dodge sanctions. A Georgian refinery joins that list on 25 January 2027. The same ban adds two Russian ports and four Russian airports, including Moscow’s Sheremetyevo.

Drone gear and the shadow fleet

Export curbs on dual-use goods now cover 51 new entities that back Russia’s military industry. Some are in China, including Hong Kong, and others are in India, Kazakhstan, Kyrgyzstan, Türkiye, and the UAE. The banned-exports list adds nickel and beryllium powder, along with drone gear such as jamming and interception systems, launchers, and servo motors.

Oslo can now also list ships that service sanctioned shadow fleet tankers or swap cargo with them at sea. Elsewhere in Europe, France’s navy and UK forces have boarded sanctioned shadow fleet tankers this year.

Ukraine uses up Europe’s yearly supply of thermal sensors in about five months, so two Ukrainian firms will build their own plants in the West

9 October 2026 at 14:23

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Two Ukrainian defense-tech firms, The Fourth Law and Odd Systems, have joined forces to mass-produce thermal imaging sensors in Europe and the US, The Fourth Law told Militarnyi. The goal is to wean Western militaries off foreign suppliers, chiefly China, for the core part of every thermal camera.

Amid Russia's daily attacks, Ukrainian drone makers have been shifting production to allied countries. Linza and Zoom drones are now built in Germany, and another top manufacturer has taken its technology to Canada and Finland. Sensor plants would move a core component west, not just finished drones.

A Western answer to Chinese sensors

The project, called Project Foundation, will build long-wave infrared sensors, known as microbolometers. These chips register heat, so a camera can pick out a person or vehicle at night or through smoke. The aim, The Fourth Law said, is to "ensure the sovereignty of Western countries in the field of thermal imaging technology."

Plants in Europe and the US from 2027

The project will run two sites, First Foundation in Europe and Second Foundation in the US, from a headquarters in Eindhoven, a Dutch semiconductor hub. Mass production is due to start in 2027. Within three years, the partners want to quadruple Europe's output of these sensors and double America's.

Why Europe's supply isn't enough

Ukraine's front line burns through sensors faster than Europe can make them. "Europe currently produces less than 500,000 such sensors per year, while Ukraine consumes this amount in about five months," Odd Systems co-founder Yaroslav Azhniuk said in February, when he first announced plans for a plant able to make one million sensors a year. European sensors cost about five times as much as Chinese ones and are hard to buy at all, because Europeans need them too, he added.

Factories working for Ukraine abroad have already become sabotage targets. In March, an arson attack in Pardubice, Czechia, destroyed nearly all the production capacity of a plant making drones and thermal sights for Ukraine's army. Czech investigators are looking into a possible Russian trail behind the attack.

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