EU countries agree new sanctions on Russia that includes a price cap on Russian oil
![]() 1689 Thursday, 06 October, 2022, 13:54 The European Union has approved new sanctions against Russia, including a price cap on the maritime trade of Russian oil. It comes in direct response to the illegal annexation of four Ukrainian regions. The latest sanctions, endorsed on Wednesday morning by EU ambassadors, also introduce new exports and imports ban, as well as a brand-new provision that would prevent EU nationals from sitting on governing boards of Russia's state-owned companies. New individuals and entities accused of undermining Ukraine's territorial sovereignty are being added to the extensive blacklist. Fossil fuels are Russia's main source of revenue and make up 45% of the country's federal budget. |
Georgia has fully repaid its long-term debt to Russia, Armenia and Azerbaijan
401Yesterday, 12:46Brussels to propose sanctions against Israel as Gaza war escalates
53216.09.2025, 20:51Elon Musk just lost his title as world’s richest person
108510.09.2025, 19:36Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy
151907.09.2025, 23:46India’s Russian oil gains wiped out by Trump’s tariffs: #Reuters
177628.08.2025, 21:00India’s Russian oil gains wiped out by Trump’s tariffs
168227.08.2025, 20:24"If Putin doesn't stop the war, we'll start an economic war" - Trump
156927.08.2025, 13:18US imposes 50% tariffs on India for buying Russian oil
153727.08.2025, 13:00