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[POLITICS] · Russia, Ukraine, Greece · 61 sources

EU approves 21st sanctions package targeting Russia over Ukraine war

EU ambassadors reached a political agreement on the 21st package of sanctions against Russia in response to its war in Ukraine. The deal, announced on 23 July 2026, freezes the EU oil‑price cap for Russian crude at US $44.10 per barrel for twelve months and adds 32 Russian banks to a transaction‑ban list. It expands restrictions on the Russian financial sector, crypto‑asset firms and oil‑trading platforms, and targets vessels of Russia’s “shadow fleet”. New measures also tighten controls on the Russian military‑industrial sector and visa issuance for Russian combatants in Ukraine. Greece secured a one‑year exemption allowing the transport of Russian LNG to third‑party states for contracts signed before 24 Feb 2022, a concession that helped break a Greek veto and clinch the agreement. Proposed bans on Russian fish imports were dropped after opposition from Portugal and Germany. EU Commission President Ursula von der Leyen welcomed the package, saying it “continues to weaken the economic foundations of Russia’s war effort.”

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about 3 hours ago