EU envoys will meet on Wednesday to discuss a 15th round of sanctions targeting Russian oil tankers and Chinese firms involved in drone production for Moscow. The new measures aim to further restrict Russia’s access to financial assets and tighten pressure on its oil revenue.
European Union envoys are set to meet on Wednesday to discuss a 15th round of sanctions against Russia in response to its 2022 invasion of Ukraine.
Among the proposed measures are sanctions targeting tankers transporting Russian oil and Chinese companies involved in the production of drones for Moscow, according to EU diplomats.
The new sanctions would add 29 entities and 54 individuals to the EU’s existing list, which already includes over 2,200 individuals and organisations. Those added to the list would face travel bans and asset freezes within the 27-member bloc, with little expectation of significant opposition, the diplomats noted.
A more substantial sanctions package is expected to be proposed in January, after Poland takes over the EU's rotating presidency from Hungary. Hungary’s Russia-friendly leader has previously delayed or blocked measures aimed at assisting Ukraine.
In September, Reuters revealed that Russia had established a weapons programme in China to develop and produce long-range attack drones. The proposed inclusion of 48 tankers in the sanctions list is part of ongoing efforts by Western allies to curb Russia’s oil revenues by reinforcing the G7 price cap on Russian oil, although Western officials acknowledge that the effectiveness of the cap is expected to wane over time.
The 16th sanctions package, anticipated later, is expected to impose tighter restrictions on Russian liquefied natural gas (LNG) flows and expand the use of the “No Russia” clause. This would require subsidiaries of EU companies based in third countries to prevent the re-export of certain goods to Russia.
The EU is also looking to target financial institutions that help Russia bypass Western sanctions, in a move similar to actions already taken by the United States earlier this year.
The European Union’s enlargement process continues to move forward, but without mention of Georgia. In a speech at the European Policy Center in Brussels on March 25, European Council President Antonio Costa highlighted the EU’s commitment to integrating Ukraine, Moldova, and the Western Balkans.
The European Union's antitrust regulators are poised to close their year-long investigation into Apple's browser options on iPhones, according to sources familiar with the matter.
Norway’s Defence Minister, Tore O. Sandvik, affirmed that the United States remains committed to European defence, but emphasized that Europe must contribute more financially to ensure the U.S. can uphold its security commitments.
Italy’s President Sergio Mattarella expressed confidence on Monday that the European Union (EU) has the strength to effectively respond to potential U.S. tariffs.
Israeli citizens have protested outside the Knesset and Prime Minister’s residence against a controversial law that would alter the judicial appointment committee, a move critics warn could shift power within the judiciary and spark a constitutional crisis.
Britain's proposed assisted dying law for terminally ill individuals may be delayed until 2029, following amendments to the legislation that extend the timeline for implementation and add new safeguards, with the bill still needing approval from both the House of Commons and the House of Lords.
The European Union’s enlargement process continues to move forward, but without mention of Georgia. In a speech at the European Policy Center in Brussels on March 25, European Council President Antonio Costa highlighted the EU’s commitment to integrating Ukraine, Moldova, and the Western Balkans.
Denmark on Wednesday welcomed a U.S. decision to confine a planned visit to Greenland to a military base after the plans triggered a spat between Copenhagen and the White House amid President Donald Trump's interest in taking over the island.
Ukrainian President Volodymyr Zelenskyy is set to meet with French President Emmanuel Macron on Wednesday night in Paris for a working dinner at the Élysée Palace, ahead of a "coalition of the willing" summit.
Sweden’s Prime Minister Ulf Kristersson stated on Thursday that purchasing U.S. weapons does not pose a security risk for his country, but emphasized the need for Europe to reduce its reliance on American defense systems. His comments come amid growing discussions within Europe.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
Mexican forces have dismantled a massive meth lab in Zacatecas, dealing a blow to a Sinaloa Cartel faction.
Serbia’s parliament has officially accepted the resignation of Prime Minister Milos Vucevic, setting a 30-day deadline for the formation of a new government or the calling of snap elections.
A devastating overnight drone attack on Kyiv, attributed to Russian forces, resulted in the deaths of three people, including a five-year-old child, and left ten others injured.
FIFA announced that the winners of this year’s 32-team Club World Cup, set to take place in the U.S. from June 14 to July 13, will receive up to $125 million in prize money, as part of a total prize pool of $1 billion for the tournament.
German Finance Minister Joerg Kukies will travel to the United States on Wednesday to meet with U.S. counterpart Scott Bessent and officials from the IMF and World Bank, focusing on strengthening economic ties and addressing global financial challenges.
Italy is conducting a study of its space and satellite communications market, with the possibility of issuing a call for tender later this year, signaling the country’s growing interest in expanding its role in the satellite communications sector.
The European Commission has called for enhanced preparedness across Europe, urging improved stockpiling of critical supplies and encouraging citizens to maintain emergency provisions for at least 72 hours.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund, highlighted the potential for international investors, particularly from the Global South, to contribute to the development of Russia's Arctic region, driven by the opening of the Northern Sea Route due to global warming.
Israeli citizens have protested outside the Knesset and Prime Minister’s residence against a controversial law that would alter the judicial appointment committee, a move critics warn could shift power within the judiciary and spark a constitutional crisis.
Britain's proposed assisted dying law for terminally ill individuals may be delayed until 2029, following amendments to the legislation that extend the timeline for implementation and add new safeguards, with the bill still needing approval from both the House of Commons and the House of Lords.
The European Union’s enlargement process continues to move forward, but without mention of Georgia. In a speech at the European Policy Center in Brussels on March 25, European Council President Antonio Costa highlighted the EU’s commitment to integrating Ukraine, Moldova, and the Western Balkans.
Denmark on Wednesday welcomed a U.S. decision to confine a planned visit to Greenland to a military base after the plans triggered a spat between Copenhagen and the White House amid President Donald Trump's interest in taking over the island.
Ukrainian President Volodymyr Zelenskyy is set to meet with French President Emmanuel Macron on Wednesday night in Paris for a working dinner at the Élysée Palace, ahead of a "coalition of the willing" summit.
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