The European Union has approved the nineteenth package of sanctions against Russia, as announced by the EU High Representative for Foreign Affairs, Kaja Kallas.
The diplomat noted that the new restrictions target Russian banking organizations, cryptocurrency trading platforms, as well as entities operating in India and China. Additionally, rules are being introduced that complicate the movement of Russian diplomats within EU countries.
"Funding this war is becoming an increasingly difficult task for Putin," emphasized Kallas.
According to Reuters, the updated sanctions list includes a ban on imports of Russian liquefied natural gas. These restrictions will be implemented in stages: short-term contracts must be terminated within six months, and long-term ones starting from January 1, 2027.
Furthermore, 117 vessels of the so-called Russian shadow fleet have been subjected to restrictions, which, according to the EU, Moscow uses to circumvent the oil embargo.
Earlier, the U.S. Department of the Treasury imposed sanctions on Rosneft and Lukoil companies. The decision was explained by "Russia's lack of serious readiness for a peaceful settlement of the conflict in Ukraine."
Some time after the announcement of the new measures, U.S. President Donald Trump announced the cancellation of a planned meeting with Vladimir Putin in Budapest.