EU Implements New Sanctions Targeting Russian Energy and Crypto

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Source: Bloomberg.com
EU Implements New Sanctions Targeting Russian Energy and Crypto
Photo: Bloomberg.com
TL;DR Summary

The EU has implemented a new sanctions package targeting Russia's energy sector, including banning LNG imports from 2027, tightening transaction bans on major Russian oil companies, and sanctioning vessels aiding Russia's evasion efforts, aiming to weaken Russia's ability to fund its Ukraine war.

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