"EU Targets Russia's Diamond Giant Alrosa Amid Gazprom's Earnings Plunge"

1 min read
Source: Financial Times
TL;DR Summary

The European Union has expanded its sanctions list to include Alrosa, Russia's largest diamond producer, as part of its ongoing response to the war in Ukraine. This move aims to increase economic pressure on Russia by targeting one of its key industries. The sanctions are part of a broader strategy by the EU to hold Russia accountable for its actions and to support Ukraine amidst the ongoing conflict.

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