Expanded Measures Target Russian Banks, Trade, and Shipping
The European Union has adopted its nineteenth sanctions package against Russia, introducing tougher controls across financial and commercial sectors. The new rules blacklist additional Russian banks and companies involved in energy and transport, while tightening restrictions on vessels accused of evading previous embargoes. Officials said the package was crafted to block key economic lifelines that continue to fuel Russia’s war in Ukraine.
Liquefied Natural Gas Ban Marks Turning Point for EU Energy Policy
At the core of the sanctions is a full ban on Russian liquefied natural gas imports. The measure prohibits new contracts from being signed and mandates that existing deals end no later than 2027. The decision is seen as a major milestone in Europe’s effort to break free from reliance on Russian fossil fuels and to strengthen the continent’s energy resilience through renewable alternatives and global diversification.
Slovakia Withdrawal Clears Path for Unanimous Approval
Unanimity among EU members was reached after Slovakia dropped its opposition, paving the way for the deal’s adoption by all 27 nations. European leaders said the agreement demonstrates continued unity in responding to Moscow’s aggression while closing loopholes that have weakened earlier sanctions. They emphasized that the package underscores both the EU’s economic resolve and its commitment to long-term energy independence.
