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EU races to agree new Russia sanctions before oil-price deadline EU races to agree new Russia sanctions before oil-price deadline

EU races to agree new Russia sanctions before oil-price deadline

European Union ambassadors were holding last-ditch talks in Brussels on Tuesday in an effort to finalise a new sanctions package on Russia before a deadline that could force a higher cap on Russian oil prices. The proposed measures are intended to keep pressure on Moscow's energy revenues, which remain a central source of funding for the war in Ukraine. Officials said the talks were taking place after several member-state objections delayed agreement on the bloc's 21st sanctions package since Russia's full-scale invasion in 2022.If no deal is reached by Wednesday, the EU could be required to raise the oil price... [Continue Reading]

360LiveNews 360LiveNews | 14 Jul 2026 12:04 LONDON
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