EU targets Russian oil and more banks in new sanctions

Brussels. The European Union (EU) will impose new sanctions on Russia for the war against Ukraine, aimed at Moscow’s oil industry, more Russian banks and those responsible for disinformation, reported the bloc’s top diplomat.

“We are working on the sixth package of sanctions, which aims to exclude more banks (from the SWIFT system), include those responsible for disinformation on the list and tackle oil imports,” Josep Borrell wrote in a tweet. , head of the foreign policy unit of the European Commission, the executive body of the EU.

The latest round of sanctions would also hit Sberbank, Russia’s top lender, diplomats said, adding it to several banks that have already been excluded from the SWIFT messaging system.

Borrell pointed out that the measures proposed by the European Commission against Russia, which launched an attack on Ukraine by land, sea and air on February 24, will be presented to the 27 member states of the bloc for approval.

Russian President Vladimir Putin warned the West on Tuesday that he may end exports and deals in response to sanctions imposed by the European Union and the United States.

Leave a Comment