The European Union has adopted four new sanctions packages against Russia—its 17th targeting Moscow’s shadow oil fleet—as part of ongoing efforts to tighten pressure over the war in Ukraine.
The measures affect over 130 individuals and entities, including Russian oil major Surgutneftegaz, shipping insurers, and four shadow fleet operators based in the UAE, Turkey, and Hong Kong. An additional 189 vessels, mostly oil tankers, were blacklisted—raising the total number of sanctioned ships to 324.
The EU aims to block efforts to bypass the G7 price cap on Russian oil, which bars Western-insured shipments above $60 per barrel. Brussels is also pushing to lower the cap at this week’s G7 finance ministers' meeting in Canada.
While a move to sanction Litasco’s Dubai branch was dropped due to Hungarian opposition, its affiliated Eiger Shipping DMCC was included in the final list.
The bloc also intensified scrutiny on tankers using “flags of convenience” from countries such as Sierra Leone, Gabon, Comoros, India, Azerbaijan, San Marino, and various Caribbean and Pacific island nations.
In parallel, new restrictions were placed on dual-use exports—items that could support Russia’s military sector. Entities in China, Belarus, and Israel were named for allegedly aiding Russia’s military-industrial complex.
EU officials confirmed that sanctions will continue and said work on an 18th sanctions package is already underway.
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Canada is facing its second-worst wildfire season on record, with 7.8 million hectares already burned, and the fires could persist for weeks, according to federal officials.
A research team led by Tsinghua University has unveiled a groundbreaking method for making organs transparent, offering the most detailed view yet of the brain’s inner workings.
Chinese Foreign Minister Wang Yi arrived in New Delhi today for a closely watched round of bilateral discussions with senior Indian leaders, including External Affairs Minister S. Jaishankar and National Security Adviser Ajit Doval.
In Bolivia's first-round presidential election, voters decisively rejected the leftist party that has ruled the country for most of the past two decades, signaling a shift toward more market-friendly policies to address the nation's economic struggles.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
U.S. President Donald Trump said on Monday he expected Russian President Vladimir Putin to release more than 1,000 Ukrainian prisoners soon, after a trilateral meeting was set up with Ukrainian leader Volodymyr Zelenskyy.
Canada is facing its second-worst wildfire season on record, with 7.8 million hectares already burned, and the fires could persist for weeks, according to federal officials.
A research team led by Tsinghua University has unveiled a groundbreaking method for making organs transparent, offering the most detailed view yet of the brain’s inner workings.
Chinese Foreign Minister Wang Yi arrived in New Delhi today for a closely watched round of bilateral discussions with senior Indian leaders, including External Affairs Minister S. Jaishankar and National Security Adviser Ajit Doval.
In Bolivia's first-round presidential election, voters decisively rejected the leftist party that has ruled the country for most of the past two decades, signaling a shift toward more market-friendly policies to address the nation's economic struggles.
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