US EditionTrump Imposes “Tremendous” Russian Sanctions as EU Adopts New Package
The sanctions target Russia's financial sector and oil tankers evading price caps, with a full phase-out of Russian liquefied natural gas by 2027, marking the 19th EU package.
- On Thursday, the 27 EU countries approved new sanctions on Russia after Slovakia dropped its veto late on Wednesday, just hours after the US sanctioned Rosneft and Lukoil.
- At the Brussels summit, EU leaders added language on energy prices and Europe's automotive sector to secure Slovakia's support, ending weeks of delay after Robert Fico's veto lifted Wednesday.
- The measures single out Russia's financial sector, name Chinese and Indian companies accused of sanctions circumvention, and list 117 oil tankers in the Kremlin's 'shadow fleet'; sanctions must be approved unanimously by EU countries and rolled over every six months.
- As the 19th sanctions package since Moscow’s full-scale invasion of Ukraine, the 27 EU countries will phase out Russian liquefied natural gas purchases by January 2027.
- On Thursday, Denmark's foreign minister called the sanctions `a good day for Europe and Ukraine,` while US officials expressed frustration with Moscow’s stance, noting prior restraint.
34 Articles
34 Articles
EU announces new sanctions on Russia oil, gas, cryptocurrency
The European Union on Thursday approved the 19th package of sanctions against Russia, the latest effort to hinder Russian aggression in Ukraine, adding new restrictions on individuals and sectors supporting Moscow’s war effort. The new sanctions aim to intensify strain on the Russian economy and debilitate important sectors such as energy, finance, the military industrial base, special economic zones as well as punish third parties who have faci…
The adoption of the 19th package of EU sanctions and US restrictions on Russian energy is a signal to Putin that there is no point in continuing the war against Ukraine.
The EU summit in Brussels begins with a good start: the American President punishes Russian oil companies – and the 19th package of sanctions against Moscow is also approved, but a country is facing a crucial question.
Restrictive measures also affect companies in India and China for trading in Russian oil. Delhi and Beijing have stressed that choosing who they trade with is their sovereign decision
"We are very satisfied with the signs we receive from the United States on the sanctions relating to Russia, I think it is an important sign of strength that we are aligned with in this regard," Kaja Kallas said to journalists at the entrance to the European Council.
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