EU ambassadors agree 21st sanctions package against Russia, EU diplomats say
The package adds 32 Russian banks and 30 shadow fleet vessels while letting Greek carriers keep limited LNG shipments to non-EU clients.
- The European Union plans to grant Greek shipping company Dynagas a 12-month exemption from sanctions, allowing continued transport of Russian LNG to third countries, pending approval from European Union ambassadors.
- Greece blocked the 21st sanctions package on July 15 to protect Dynagas, owned by Greek billionaire George Prokopiou; Athens officials argued a ban on transiting Russian LNG would effectively ruin the company.
- Dynagas operates 27 LNG carriers, including vessels built for Arctic waters near the Yamal LNG plant, having transported more than 10 million tons of Russian LNG on 144 voyages since 2025.
- The 21st sanctions package, unveiled in June, aims to restrict Russia's revenue by banning shipments of Russian LNG to third countries and purchases by European Union entities, with EU purchases reaching 9.97 million tons in the first half of the year.
- QatarEnergy extended its force majeure on Ras Laffan until October, per a Bloomberg report from Wednesday, leaving the European Union struggling to find alternatives to Russian LNG before winter arrives.
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268 Articles
EU sanctions shadow fleet bunker vessel and crewing agency for first time in new measures against Russia
For the first time, the European Union has added a bunker vessel supplying the "shadow fleet" and a maritime crewing agency to its sanctions list, as part of its 21st package of measures against Russia. The EU's latest round of sanctions targets an additional 41 ships, bringing the total number of sanctioned vessels to 673. This expanded list now includes ships that support the "shadow fleet" by providing refueling and other essential services. …
EU adopts largest sanctions package on Russia: 218 names and 100+ banks and crypto platforms among those on the list
The European Union has adopted its largest sanctions package against Russia in four years, targeting the banks, oil refineries, and drone-manufacturing networks that fund Moscow's war in Ukraine. The Council of the EU approved the measures on 23 July. The EU has sanctioned Russia its 2014 seizure of Crimearolling out numbered packages every few months since the 2022 full-scale invasion, even as member states repeatedly clash over how far each pa…
EU's new Russia sanctions: What's in the 21st package
The European Union has adopted its twenty-first sanctions package against Russia. This expands restrictions on banks, cryptocurrency networks, and oil trade significantly. The bloc also froze the Russian oil price cap for the next twelve months. New measures target Russia's military-industrial complex and dual-use goods. These actions aim to increase pressure on Russia over the war in Ukraine.
After a long debate, European Union member states approved new sanctions against Russia.
The EU imposed new personal and corporate sanctions on over 200 entities.
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