Brussels prepares to hit Russia with ‘smart sanctions’ on oil imports
![]() 1175 Monday, 25 April, 2022, 11:48 The European Union is preparing “smart sanctions” against Russian oil imports designed to minimise economic damage to the continent’s economy, a senior Brussels official has said. Valdis Dombrovskis, the European Commission’s executive vice-president, told The Times that Brussels would soon present a sixth package of sanctions measures against President Putin that would include “some form” of an oil embargo amid pressure for the bloc to deprive Moscow of lucrative energy revenues. “We are working on a sixth sanctions package and one of the issues we are considering is some form of an oil embargo. When we are imposing sanctions, we need to do so in a way that maximises pressure on Russia while minimising collateral damage on ourselves,” Dombrovskis said. |
Brazil vows to match US tariffs after Trump threatens 50% levy
261Yesterday, 19:04Slovakia maintains veto on new package of EU sanctions against Russia
51909.07.2025, 20:46President Trump announces new tariffs on Kazakhstan, citing trade imbalance
92407.07.2025, 22:58"Flight cancellations cost airlines more than $250 million". #Kommersant
83907.07.2025, 15:35"Trump's BRICS Policy Has No Future" - Chinese Foreign Ministry
86107.07.2025, 12:59"A 10% additional tariff will be imposed on countries that support BRICS" - Trump
74507.07.2025, 11:10House sends GOP’s ‘big, beautiful bill’ to Trump’s desk in major win for Republicans
114704.07.2025, 00:16Canada transfers US$1.7bn in revenues from frozen Russian assets to Ukraine
136430.06.2025, 21:40