Eighteenth EU Sanctions Package: One of the Strongest?

... with them much lower, their effect could have been very serious indeed. But we live in the realities of 2025, when increased efforts do not result in proportional damage. In terms of the degree of danger to the Russian economy, we should start with the energy sector. The latest amendments to EU Council Regulation 833/2014 tighten the so-called price cap on Russian oil. Under the new rules, EU persons and entities under EU jurisdiction are barred from trading or transporting Russian crude if its purchase ...