Russia, European Union and strongest sanctions
Digest more
9hon MSN
Australia has delivered its first shipment of US-built tanks to the Ukrainian army, after a months-long wait. Meanwhile the EU finally approved an 18th package of sanctions against Russian
According to the legally binding text detailing the EU’s 18th sanctions package against Moscow that was released early on Saturday, the price cap is set 15% below the average market price for Russian crude oil. The benchmark will be calculated every six months, starting 15 July, on the basis of the prices from the previous 22 weeks.
EU sanctions aim to weaken Russia’s war economy with oil price caps, ship bans, and finance curbs—without disrupting global supply, says EU envoy to India.
The spokesperson for Foreign Ministry of Iran condemned the European Council’s “illegal and destructive” decision to impose fresh sanctions on a number of Iranian individuals.
Since the EU deal was announced last Thursday, scores of people including children have been killed by Israeli forces while seeking aid from the Israel-backed Gaza Humanitarian Foundation. Kaag said that the EU must not fall into a trap of seeing aid as a bargaining chip, rather than a fundamental human right.