US EditionEU adopts new sanctions against Russia, Kallas says
- On May 20, 2025, the European Council approved its largest sanctions package yet against Russia, targeting Moscow's shadow fleet and supporting sectors amid the ongoing war in Ukraine.
- This action followed unsuccessful diplomatic efforts, including a Monday phone call between Presidents Putin and Trump that failed to secure a ceasefire or substantial peace progress.
- The new sanctions list adds 189 vessels, 75 new entities, and targets financial, energy, military, and drone supply chains, aiming to undercut Russia's sanctioned oil exports and war financing.
- Officials report that since sanctions began, Russia's oil revenues decreased by about $43 billion, with over 2,400 individuals and entities already blacklisted, including key shadow fleet operators and enablers.
- EU and UK leaders pledged to intensify pressure and tighten the oil price cap, emphasizing tougher measures if Russia persists in the war, while Ukraine remains prepared for an immediate ceasefire.
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'Massive sanctions': Can the EU do much more to punish Russia?
The EU is readying a fresh round of sanctions against Russia after leaders threatened Moscow with "massive" economic punishment for not agreeing a ceasefire in Ukraine.
·Missoula, United States
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Total News Sources335
Leaning Left55Leaning Right40Center67Last UpdatedBias Distribution41% Center
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R 25%
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