Tag Archives: EU sanctions on Russia

The European Union unveiled its 18th package of sanctions against Russia, aiming to further squeeze Moscow’s oil revenues and financial networks over its ongoing war in Ukraine. Approved on Friday, the new measures include a series of toughened restrictions focused largely on the energy sector, shipping, and financial dealings.Here’s a what the latest sanctions include: 1. Russian oil: A fresh …

NEW DELHI: Nayara Energy’s refinery at Vadinar in Gujarat became the first in India to come under Western sanctions as the European Union on Friday announced fresh curbs on Russian oil exports with the aim of throttling funding for Moscow’s war machine.“For the first time, we’re designating a flag registry and the biggest Rosneft refinery in India,” agencies quoted EU …