The European Union sanctioned Russia
Sanctioning over 100 Russian oil tankers, blocking the Nord Stream pipeline, along with expanding banking bans and the export of goods with dual military and civilian use, are only part of the new sanctions.
On Friday, July 18th, the European Union approved a new and extensive package of sanctions against Russia due to the ongoing military attacks and war in Ukraine, to exert more pressure on the Kremlin by reducing the price cap on Moscow’s oil exports.
This is the eighteenth round of European economic sanctions against Russia since the beginning of the country’s invasion of Ukraine in 2022.
The new punishments are being applied while Western allies hope that U.S. President Donald Trump will also carry out his threat to punish Moscow for obstructing the peace process.
Kaja Kallas, the EU’s foreign policy chief, said on Friday that the European Union approved one of its strongest sanction packages against Russia.
The message is clear: Europe will not retreat in its support for Ukraine and will continue the pressure until Russia ends the war.
