EU countries align with sanctions decision on Russia over Ukraine
On 23 April 2026, the Council of the EU adopted Council Decision (CFSP) 2026/508, adding new restrictive measures in response to Russia's actions destabilising the situation in Ukraine. The decision broadened sanctions across shipping, finance, trade controls, and service bans, and the EU said the package was taken in coordination and discussion with the G7 and the Price Cap Coalition. The decision constrained Russia's shadow fleet by extending restrictions to 46 additional vessels. It also reinforced safeguards on tanker sales from the EU to prevent Russian end-use. Eleven vessels were delisted after their return to compliance. The decision added two... [Continue Reading]
Breaking-360LiveNews | 14 May 2026 21:00 LONDON
