EU joins U.S. in heaping more sanctions on Russia to push Putin into Ukraine peace talks
The sanctions ban Russian liquefied natural gas imports and target over 550 ships, aiming to cut Moscow’s revenue fueling the Ukraine conflict, officials said.
- On Thursday the European Union imposed fresh sanctions that build on U.S. President Donald Trump’s measures, targeting Russian oil and gas and banning liquefied natural gas imports.
- Aimed at cutting off battlefield funding, the sanctions seek to choke off revenue fueling Moscow's invasion and compel Vladimir Putin to negotiate, despite no sign of war ending after nearly four years.
- Details of the package show expanded export and technology curbs targeting cryptocurrency transactions, Russian payment systems, artificial intelligence services, and raise banned ships to 557.
- Because the measures don't take effect until Nov. 21, analysts warn of a 30-day rush in oil sales, while Maria Zakharova and Russian state media dismiss the sanctions as counterproductive.
- Analysts caution the measures may not force a rapid policy shift in Moscow, as Russia’s economy remains resilient despite strains and strategic nuclear drills on Wednesday raise tensions.
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40 Articles
Russian President Vladimir Putin deplores US sanctions as ‘unfriendly’ while EU heaps on more restrictions
BRUSSELS — The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry. Russian President Vladimir Putin called Washington’s move an “unfriendly act” that could backfire by spiking global oil prices. The American and European sanctions are intended as part of a broadened effort to choke off the revenue and supplies that fu…
Putin decries U.S. sanctions as 'unfriendly' as EU joins in adding more restrictions on Russia
The American and European sanctions are intended as part of a broadened effort to choke off the revenue and supplies that fuel Moscow’s invasion of Ukraine, compelling Putin to negotiate an end to the war.
Putin deplores US sanctions as "unfriendly" as EU joins in heaping restrictions on Russia
The European Union has heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry. Russian President Vladimir Putin responded by warning that the measures were an “unfriendly…
Marie-Agnes Strack-Zimmermann, Chairman of the Defence Committee of the European Parliament, regards the new sanctions against Russia as an important step, but still sees a lot of air up: "We have to hit Putin where it hurts him," says the FDP politician at WORLD TV.
EU joins U.S. in heaping more sanctions on Russia to push Putin into Ukraine peace talks
The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry. Russian officials and state media dismissed the Western measures, saying they are largely ineffective.
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