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flag EU plans new sanctions on Russia, including SWIFT exclusion for 20 banks and lower oil price caps.

flag The EU is considering a new sanctions package against Russia, which includes removing over 20 Russian banks from the SWIFT financial system, lowering the price cap on Russian oil, and banning the Nord Stream gas pipelines. flag These measures aim to pressure Russia to end its conflict in Ukraine by reducing its revenues and limiting access to key technologies. flag The package also includes additional trade restrictions and sanctions on Russia's shadow fleet of oil tankers.

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