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EU sanctions against Russia
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EU sanctions against Russia
Expert: Ukraine’s persistent drone strikes could disrupt Russian war machine, trigger fuel deficit
Despite Russia's vast oil production, its ability to produce fuel shouldn't be overestimated. The number of major oil refineries is limited to 32 and at least 10 of them have already been targeted by drones. Explosions have partially or fully disrupted their work.
94 tankers violated the embargo and brought Russian oil to the EU during the last three months
68% of the oil was brought to the Laconian Gulf in Greece for transshipment, while the rest was directly exported to the EU ports amid poor sanctions management.
Russian fuel purchased by the EU brought Putin EUR 1.1 billion in direct tax revenues last year — report
The fuel entered the EU through Turkish and Indian refineries due to a loophole in sanctions.
EU adopts 13th package of sanctions against Russia
The EU took aim at Russian military supply chains in third countries like China and Turkey, sanctioning 27 companies that "directly support Russia's military and industrial complex." New sanctions also directly target an additional 106 Russian individuals and 88 entities, bringing the total above 2000 facing penalties.
Politico: EU aluminum producers call for embargo on Russian imports amid sanction talks
While Russia's full-scale invasion of Ukraine nears its two-year mark, Europe continues to procure 9 percent of its aluminum imports from Russia, contributing approximately €2.3 billion in 2022 Moscow's war machine.
Switzerland bans import of Russian diamonds
Yet Switzerland still refuses sending arms to Ukraine, citing neutrality.
EU imposes sanctions on Russian internet censorship agency
The European Council also sanctioned Russian judicial figures for human rights violations, including the detention of activist Vladimir Kara-Murza.
EU extends sanctions against Russia over Ukraine invasion
The EU has renewed its economic sanctions against Russia, which were first imposed in 2014.
EU countries buy refined Russian oil from India at record rates — Independent
India reaps additional profits from importing cut-price Russian oil and reselling refined oil to the EU markets at full price.
EU adopts 12th package of economic and individual sanctions against Russia
EU ramps up pressure on Russia with its 12th sanctions package with diamond import ban, tightened import-export controls, and enhanced enforcement measures to weaken Russia's military capabilities.
Sanctions lawyer: Dutch firms get slap on wrist for Crimea bridge work
Companies that helped build bridge that enabled Russia's full-blown war get minor fines. Moreover, Ukraine is not the beneficiary.
EU backs using profits of frozen Russian assets to aid Ukraine’s rebuilding
Billions in frozen Russian assets to be directed towards Ukraine’s recovery, EU leaders declare. The European Commission plans to put forward proposals in early December, the Financial Times reported.
EU issues guidance to prevent evasion of sanctions imposed on Russia
The European Commission has issued guidance for exporting companies on how to check business partners for circumvention of sanctions against Russia.
Russia circumvents oil sanctions, outsmarting the West
Despite an embargo, Russian oil exports are booming, funneling billions into Moscow's war machine while undermining efforts to hamper Putin's invasion of Ukraine.
Most EU citizens support financial and military aid to Ukraine – Eurobarometer
The latest survey by Eurobarometer shows that EU citizens continue to back overwhelmingly the military, humanitarian, and financial…
EU adopts 11th package of economic and individual sanctions against Russia
On 23 June, the EU Council adopted an eleventh package of sanctions against Russia. The economic and individual…
Council of Europe’s parliament supports Ukraine’s accession to NATO
On 22 June, the Parliamentary Assembly of the Council of Europe (PACE) adopted a resolution that supports Ukraine’s…
Russia’s economy will not collapse in a year or two, Ukrainian top strategist says
Andriy Klymenko is the author of several development strategies for Crimea. For many years he worked as an…
G-7 nations consider outright ban on exports to Russia, Bloomberg says
The United States and some of other Ukraine’s allies are discussing a nearly-total ban on most exports to…
Russian Black Sea oil exports reached a new record in March, with tankers going to Asia
Russian crude oil exports from Black Sea ports in March 2023 set a record of 5,565,874 tons, the…