European Union countries are close to reaching an agreement on a new package of sanctions against Russia, the bloc's foreign policy chief Kaja Kallas said on Tuesday.
"We hope to reach a political agreement on the 18th sanctions package. We are very, very close. I hope it comes today," Kallas said before a meeting with foreign affairs ministers from the 27 EU countries in Brussels.
Sources told Reuters on Monday that all the elements of the package had been agreed, although one member state still had a reservation about a proposed lower price cap on Russian oil.
"It's alive," Kallas said when asked about the price cap.
"We have made proposals, but it is a question of whether we can overcome the veto of one member state or not. But we are trying to work on that."
The European Commission last month proposed the 18th package of sanctions against Russia for its invasion of Ukraine, aimed at Moscow's energy revenue, its banks and its military industry.
The new package proposes banning transactions with Russia's Nord Stream gas pipelines, as well as banks that engage in sanctions circumvention.
It also proposes a floating price cap on Russian oil of 15% below the average market price of crude in the previous three months, EU diplomats have said.
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The European Union adopted its 20th package of sanctions against Russia on Thursday (23 April), introducing sweeping new restrictions aimed at weakening Moscow’s war economy and limiting its capacity to sustain the war in Ukraine.
European Union leaders were set to discuss the bloc’s mutual assistance clause at a summit in southern Cyprus on Thursday, as U.S. President Donald Trump’s criticism of traditional allies raises concerns over his commitment to NATO.
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The European Union's top diplomat Kaja Kallas and several EU foreign ministers voiced their support for Ukraine's demand for accountability over Russian atrocities committed in Bucha, as they visited the small town on Tuesday (31 March) on the fourth anniversary of a massacre there.
Argentina has reiterated its interest in resuming talks with the United Kingdom over the Falkland Islands, a disputed archipelago in the South Atlantic, after reports that an internal Pentagon email suggested reviewing Washington’s support for the UK’s claim amid tensions over the Iran war.
Diplomatic efforts to end the Iran war are intensifying, with the White House confirming that U.S. President Donald Trump will send special envoy Steve Witkoff and adviser Jared Kushner to Islamabad for talks with Iran under Pakistani mediation.
Russian emergency services have contained a major fire at the Tuapse oil refinery on the Black Sea coast, local officials said on Thursday, ending a four-day effort after a Ukrainian drone strike.
Ukrainian President Volodymyr Zelenskyy is in Azerbaijan for talks with President Ilham Aliyev, holding meetings in Gabala on Saturday (25 April) during a working visit to the country.
Slovenia’s national broadcaster RTV Slovenia has confirmed it will not air the Eurovision Song Contest 2026, joining a widening boycott over Israel’s participation.
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China has urged the European Union to take its concerns seriously over new cybersecurity and digital regulations, warning they could create difficulties for Chinese companies operating in Europe.
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