LeadStory
Euronews

EU imposes new sanctions on Russia's oil and banks

Euronews · Just In
Euronews
Euronews
Just In

The European Union has agreed to impose a new round of sanctions against Russia, targeting the country's energy and financial sectors in a bid to tighten the screws on the Kremlin's war machine and force a temporary ceasefire in Ukraine.

Breakdown
  • EU agrees on new sanctions targeting Russia's energy and financial sectors.
  • Sanctions ban transactions with 22 Russian banks and the Russian Direct Investment Fund. 10s
  • Restrictions placed on the use of the Nord Stream pipelines. 22s
  • EU sets a price cap on Russian crude oil at 15% below market average. 38s
  • Sanctions approved after Slovakia lifted its veto, enabling EU action. 46s
Military & ConflictForeign Affairs

See The Full Story

Ukraine Invasion

Russian forces have invaded Ukraine from land, air and sea with strikes causing widespread damage. Global leaders have condemned the move and imposed sanctions.