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flag EU proposes new sanctions on Russia, targeting energy and banking sectors to reduce Russian revenue.

flag The European Commission has proposed its 18th sanctions package against Russia, focusing on the energy and banking sectors. flag The measures include banning transactions with Nord Stream pipelines, lowering the price cap on Russian oil to $45 per barrel from $60, and cutting 22 more Russian banks off the SWIFT system. flag The package aims to reduce Russia's revenue and is expected to be voted on by EU member states soon.

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