Politics · Other · 1 hr ago

EU proposes new Russian oil restrictions for 22nd sanctions package

EU proposes new Russian oil restrictions for 22nd sanctions package

EU foreign policy chief Kaja Kallas said the European Commission and the European External Action Service want the bloc's 22nd sanctions package to add restrictions on Russian oil.

The EU wants new restrictions on Russian oil and other sources of revenue, including energy and banking.

Kallas said the proposed measures could also target entities in third countries.

Europe is facing higher energy costs: Ursula von der Leyen said EU countries had spent €100 billion more on energy imports since the start of the year than during the same period in previous years, while gas prices had risen 140% and diesel prices 100%.

The package was expected in September after the previous one was adopted in June, but it remains under development; a separate blacklist approved on October 12 was not part of it.

EU member states must approve the package unanimously, and no adoption date has been given.

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Kaja KallasEU foreign policy chief
new listings focused on curbing Russia’s sources of revenue further: from the shadow fleet, from the energy sector and from the banking sector.
via TASS
to target sectors and entities <…>, also in 3rd countries.
via TASS