EU mulls sanctions on Russia
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European Commission President Ursula von der Leyen says the EU should ban maritime services aiding Russia in shipping oil and target its financial and trade sectors with new sanctions over the war on Ukraine.
The European Commission on Friday proposed a sweeping ban on any services that support Russia's seaborne crude oil exports, going far beyond previous piecemeal EU sanctions in its effort to stunt Moscow's key source of income for its war on Ukraine.
"The new package of sanctions covers energy, financial services, and trade," European Commission President Ursula von der Leyen said.
The EU is looking to clamp down on the circumvention of sanctions that sees key technologies used on the battlefield continue to flow to Russia through third countries.
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing about the annual report of the Financial Stability Oversight Council, on Capitol Hill in Washington, D.C., U.S., February 4, 2026. REUTERS/Kylie Cooper
The publication of the European Commission's 20th EU sanctions package against Russia, which was planned for this week, has been delayed due to discussions over a proposal to impose a full ban on the provision of maritime services in EU ports to all vessels transporting Russian oil.
EU Commission chief urges member states to "swiftly" endorse the new sanctions, to "send a powerful signal ahead of the grim fourth anniversary of this war".
Russian oil company Lukoil plans to sell its international assets to U.S. private equity firm Carlyle Group, Lukoil said Thursday, as it rushes to divest its global portfolio in the face of impending U.S. sanctions.
Some individual athletes from the banned countries will be permitted to participate in the Milano Cortina Winter Games
By Andrew Osborn MOSCOW, Feb 6 (Reuters) - A top Russian military intelligence official was shot in his Moscow apartment building and rushed to hospital on Friday, investigators said, the latest in a series of assassination attempts Russia has blamed on Ukraine.