by Admin
Feb 19, 2025
European Union member states have reached a new agreement on a new set of sanctions against Russia, reinforcing Brussels’ commitment to increasing pressure on Moscow and supporting Kyiv.
This move comes even as the United States-led diplomatic efforts continue to seek an end to the ongoing war in Ukraine.
The 16th sanctions package, since Russia launched its full-scale invasion, focuses on restricting the country’s aluminum industry and tightening controls on its oil exports.
According to Prodesq political analyst Temitope Oladeji, the sanctions are set to impact 13 additional Russian banks and 73 vessels from the so-called “shadow fleet” used to transport Russian crude oil.
He added that the package includes a gradual ban on European Union countries from purchasing specific Russian aluminum products.
Sources confirmed that European Union ambassadors from all 27 member states endorsed the package on Wednesday morning.
The sanctions also extend to more individuals and businesses accused of aiding Russia’s military operations against Ukraine.