The European Union is set to propose a 19th package of sanctions targeting Russia’s oil industry and shadow tanker fleet, while also extending its current measures on individuals tied to the ongoing war in Ukraine for another six months.
The European Commission is expected to present a proposal on Wednesday for the 19th sanctions package against Russia in response to its ongoing invasion of Ukraine, EU diplomats revealed on Friday. The new package will primarily target Russia’s shadow tanker fleet, banks, and impose further restrictions on the sale of Russian oil. Additionally, Kaja Kallas, the EU's chief diplomat, noted on X that the proposal would consider blacklisting banks in two Central Asian countries and independent Chinese oil refineries.
In parallel, the EU member states agreed to extend sanctions on over 2,500 individuals and entities linked to Russia’s war in Ukraine for an additional six months. These sanctions freeze assets and prohibit travel into the EU. While the renewal process has sometimes been contentious, with Hungary frequently requesting delistings, diplomats confirmed that there were no political delistings this time around.
The renewal of sanctions requires unanimous approval from all member states every six months. The EU employs two main frameworks for its sanctions: one targeting individuals and companies, and another addressing sectors such as the price cap on Russian oil and the immobilisation of the country’s central bank assets.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 10th of December, covering the latest developments you need to know.
The United Nations Security Council has issued warnings about the rapidly worsening humanitarian crisis in Ukraine, citing a sharp surge in civilian casualties amidst Russia's intensified aerial attacks, marking the deadliest period of the war in more than a year.
Australia on Wednesday became the first country to ban social media for children under 16, blocking access to platforms including TikTok, Alphabet's YouTube and Meta's Instagram and Facebook.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 10th of December, covering the latest developments you need to know.
The United Nations Security Council has issued warnings about the rapidly worsening humanitarian crisis in Ukraine, citing a sharp surge in civilian casualties amidst Russia's intensified aerial attacks, marking the deadliest period of the war in more than a year.
Ukrainian President Volodymyr Zelenskyy said on Tuesday he was prepared to hold elections within three months if the U.S. and Kyiv's other allies could ensure the security of the vote.
Fighting between Thailand and Cambodia extended into a third day on Wednesday as U.S. President Donald Trump said he would make a phone call to stop the conflict, after he had brokered a ceasefire in July to end a five-day battle between the Asian neighbours.
Australia on Wednesday became the first country to ban social media for children under 16, blocking access to platforms including TikTok, Alphabet's YouTube and Meta's Instagram and Facebook.
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