EU and US apply fresh sanctions against Russia

THE European Union yesterday agreed on a new raft of sanctions against Russia, targeting its shadow fleet of oil tankers and banning its imports of liquefied natural gas, the Danish EU presidency has announced.

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“Today is a good day for Europe and Ukraine” Denmark's foreign minister Lars Lokke Rasmussen said, as EU leaders gathered for a summit in Brussels, Belgium. He said that the new sanctions “will introduce new and comprehensive measures on oil and gas, the shadow fleet and Russia’s financial sector”.

The move by the EU came a day after United States President Donald Trump's administration announced new sanctions against Russia's oil industry that are aimed at moving Russia's President Vladimir Putin to the negotiating table and ending Moscow's war in Ukraine.