The European Union has officially adopted its 18th sanctions package against Russia, further intensifying its economic pressure in response to Moscow’s ongoing war in Ukraine.
According to diplomatic sources in Brussels, the new measures include a significant reduction in the price cap for Russian oil exports, aiming to limit the Kremlin’s revenue from fossil fuel sales. The decision was confirmed following a high-level EU summit early Friday morning.
“We now have a strong and effective 18th sanctions package against Russia,” a European diplomat stated after the meeting.
The EU has been systematically tightening sanctions since the beginning of the conflict in February 2022, targeting Russia’s energy sector, banking system, high-tech imports, and individuals connected to the Kremlin. The latest measures build on these efforts, aiming to close remaining loopholes and enhance enforcement.
While some member states had expressed concerns over the economic impact of prolonged sanctions, today’s agreement signals continued unity among EU countries in supporting Ukraine and resisting Russian aggression.
Further details on the new package, including company names and specific enforcement mechanisms, are expected to be released in the coming days.
