GreekReporter.comEuropeEU Sanctions Russia With New Energy, Trade and Financial Restrictions

EU Sanctions Russia With New Energy, Trade and Financial Restrictions

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Ursula Von Der Leyen
EU President Ursula Von Der Leyen. Credit: European Parliament / CC BY 2.0

The European Union announced a new round of sanctions on Russia as pressure mounts for an end to the war in Ukraine. The measures expand restrictions on energy, trade and finance, as the EU sanctions Russia with its 20th package since the invasion began. The decision comes as war continues and diplomatic efforts intensify.

European Commission President Ursula von der Leyen said the sanctions aim to force Moscow toward serious negotiations. She explained that Russia responds only to sustained pressure and that easing restrictions without real change would weaken efforts to secure peace.

The package places fresh limits on Russia’s energy sector. It introduces a full ban on maritime services linked to Russian crude oil.

Officials say the measure will further reduce oil revenues and make it harder for Russia to find buyers. Because shipping is global, the EU plans to coordinate implementation with partners following a decision by the Group of Seven.

Energy and shipping measures target Russian revenues

Authorities also added 43 vessels to the list of ships linked to Russia’s shadow fleet, raising the total to 640. The sanctions make it harder for Russia to acquire tankers and impose broad bans on maintenance and other services for liquefied natural gas tankers and icebreakers. These steps are designed to weaken gas export projects and reinforce earlier bans on LNG imports.

Financial restrictions form a second pillar of the package. The EU listed 20 additional Russian regional banks and introduced measures targeting cryptocurrencies, trading firms, and platforms that enable crypto transactions.

Officials say the goal is to close loopholes used to bypass sanctions. Several banks in third countries were also targeted for helping facilitate illegal trade in restricted goods.

Trade controls were tightened through new export bans covering goods and services worth more than 360 million euros ($425.58 million). The restrictions apply to items such as rubber products, tractors, and cybersecurity services.

EU sanctions Russia through trade, finance, and export controls

New import bans were also imposed on metals, chemicals, and critical minerals valued at more than 570 million euros ($673.85 million). Additional export limits target materials and technologies used in military production, including components for explosives. A quota on ammonia was proposed to cap existing imports.

For the first time, the EU plans to activate its anti-circumvention tool. The measure would ban exports of certain machinery and radios to jurisdictions where there is a high risk of re-export to Russia. Legal safeguards were also proposed to protect EU companies from intellectual property violations and unfair expropriation in Russia.

Von der Leyen pointed to economic pressure as evidence that the strategy is working. She noted that Russia’s oil and gas revenues fell by 24 percent in 2025, the lowest level since 2020, widening the budget deficit. Interest rates remain at 16 percent, while inflation stays high. She urged EU member states to approve the sanctions quickly, ahead of the fourth anniversary of the war.

She said support for Ukraine remains firm, citing deliveries of generators, a 90 billion euro ($106.38 billion) loan package, ongoing peace efforts with partners, and planning for Ukraine’s postwar recovery. Moreover, she stressed that Ukraine’s security and future remain central to the European Union’s priorities.

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