EU adopts new sanctions package that targets Russian energy

The European Union (EU) adopted a new package of sanctions targeting Russia's energy infrastructure, joining a new US push to chip away at Moscow's ability to wage its war against Ukraine.

- Bloomberg

The EU measures will ban LNG imports from 2027, according to a statement from European Commission president Ursula von der Leyen. The EU will also impose a full transaction ban on two major Russian oil companies, Rosneft PJSC and Gazpromneft, and sanction 118 additional so-called shadow fleet vessels, which have enabled Russia to evade previous measures.