Europe

EU agrees 21st sanctions package on Russia over the Ukraine war

EU ambassadors reached political agreement Thursday on a 21st round of sanctions against Russia over the war in Ukraine, according to diplomats. The package includes a 12-month freeze on the Russian oil price cap, among other measures targeting Moscow's war economy.

EU flags flying outside a government building in Brussels
EU flags flying outside a government building in BrusselsPhoto: Ieva Brinkmane / Pexels
France 24 Europe1 h ago

EU ambassadors reached political agreement Thursday on a 21st package of sanctions against Russia over the war in Ukraine, diplomats said, extending a sanctions regime that has grown steadily since the 2022 invasion. The package still requires formal sign-off from member states before taking effect.

Among its measures, the new round includes a 12-month freeze on the Russian oil price cap, a mechanism designed to limit Moscow's revenue from crude exports while avoiding a broader supply shock to global energy markets. Diplomats said additional restrictions target the shadow fleet used to circumvent existing shipping curbs.

The agreement comes as Ukraine's new army chief takes over amid renewed pressure from Kyiv to sustain Western support. EU officials said the sanctions are intended to keep pressure on Moscow's war financing even as attention in Brussels remains split with the widening conflict in the Middle East.

GeopoliticsTradeEnergyEuropeFrance 24 Europe
This article is an AI-curated summary of the original story published by France 24 Europe. The illustration is a stock photo by Ieva Brinkmane from Pexels and is not from the original story.

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