EU Approves 19th Package of Sanctions on Russia, Including LNG Ban
- The European Union has approved its 19th package of sanctions against Russia, which includes a ban on liquefied natural gas imports starting January 1, 2027, as announced by the Danish EU presidency.
- Danish Foreign Minister Lars Løkke Rasmussen stated that the sanctions will target oil, gas, and the financial sector while aiding Ukraine's war effort.
- Ukrainian President Volodymyr Zelenskyy will attend a summit in Brussels to discuss support for Ukraine and pressure on Russia for a ceasefire, according to EU Council President António Costa.
- EU leaders intend to use frozen Russian assets, estimated at $232 billion, to fund Ukraine's war efforts, despite concerns from member nations about the implications.
128 Articles
128 Articles
EU Unveils Sweeping Sanctions Targeting Russian Energy, Banks and Crypto
The European Union on Thursday imposed its 19th package of sanctions on Russia over the invasion of Ukraine, targeting Moscow's key energy revenues, financial networks and technology supply chains.
Before the EU summit, member states agreed on new sanctions against Russia's economy. Important sources of revenue could suffer.
The European Union adopted the nineteenth package of sanctions against Russia, and announced the head of European diplomacy, Kai Callas, in its X social media account.
Prior to a summit in Brussels, the EU announced a 19th package of sanctions, targeting the Russian oil and gas sectors, in line with that of the United States, which sanctioned the Rosneft and Lukoil companies. Kiev welcomed a "very important step".
The European Union (EU) has adopted the 19th package of sanctions against Russia, additionally aimed at the Russian oil trade, confirmed this morning the EU's high representative for foreign policy and security, Kaya Callas, with the assessment that it is "increasingly difficult for Russian President Vladimir Putin to finance the war".
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