Home / News / World News / Article / EU targets Russia's energy revenue, shadow fleet with new sanctions

EU targets Russia's energy revenue, shadow fleet with new sanctions

The European Union has announced its toughest sanctions yet against Russia, targeting oil revenue, shadow fleet ships, and Nord Stream transactions. Ukrainian President Zelenskyy welcomed the move, calling it a timely and necessary response to intensifying Russian attacks

Listen to this article :
The EU has slapped several rounds of sanctions on Russia since Putin ordered his troops into Ukraine on February 24, 2022. Representational pic

The EU has slapped several rounds of sanctions on Russia since Putin ordered his troops into Ukraine on February 24, 2022. Representational pic

The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a lower oil price cap, a ban on transactions with Nord Stream gas pipelines, and the targeting of more shadow fleet ships, the EU foreign policy chief said.

The message is clear: Europe will not back down in its support for Ukraine. The EU will keep raising the pressure until Russia ends its war, Kaja Kallas said in a statement.

Kallas said the measures amount to one of its strongest sanctions packages against Russia to date, linked to the war, now in its fourth year. It comes as European countries start to buy US weapons for Ukraine to help the country better defend itself.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement