EU Proposes Sanctions on Ports Handling Russian Oil
The EU's 20th sanctions package targets Russian oil revenues by banning maritime services and adding ports in Georgia and Indonesia to the sanctions list, aiming to close key loopholes.
- On Tuesday, EU foreign affairs chief Kaja Kallas said the European Union is drafting a list of concessions Russia must make to secure long-term peace in Ukraine, with a draft likely shared among member countries before Feb. 23.
- Kallas said U.S.-brokered talks have stalled, and Ukraine has made almost all concessions due to reliance on U.S. support, she added.
- Delegations from Ukraine and Russia met last week in Abu Dhabi while Kyiv reported an attack involving 400 drones and 40 missiles, and Russian cluster munitions killed seven.
- Kallas proposed conditions including child returns and force limits, hoping to bring the Group of Seven nations onboard at the Munich Security Conference this weekend.
- The EU argues coordinated pressure can change Russia's incentives; Kaja Kallas said EU sanctions hurt Russia's economy and warned `It's not going to be a guarantee for Ukraine or anybody else that Russia is not going to attack again.
48 Articles
48 Articles
Top EU diplomat drafts a list of concessions Russia needs to make to secure real peace in Ukraine
The European Union's top diplomat is drafting a list of concessions she believes Russia must make for long-term peace to be achieved in Ukraine. The move comes as U.S.
Greece and Malta Hesitate Over EU's Russia Oil Services Ban
(Bloomberg) — Greece and Malta have emerged as the main obstacle to a European Union proposal to replace a Russian oil price cap with a ban on the services needed to ship the fuel.
The European Union has proposed expanding sanctions against Russia to include ports in Georgia and Indonesia for operations with Russian oil. It will be the first time the bloc has imposed sanctions against ports in third countries.
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