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EU Weighs New Sanctions on Russia
Financial Express Ahmedabad
|September 09, 2025
The European Union is exploring new sanctions on about half a dozen Russian banks and energy companies as part of its latest round of measures to pressure President Vladimir Putin to end the war against Ukraine.
The package, which would be the bloc's 19th since Moscow's full-scale invasion in 2022, could also see the EU target Russia's payment and credit card systems, crypto exchanges, as well as further restrictions on the country's oil trade, according to people familiar with the matter. The bloc is hoping to coordinate some of its latest measures with the U.S., said the people, who spoke on the condition of anonymity to disc
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