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flag The EU is launching its 20th sanctions round against Russia, targeting oil shipping loopholes and expanding restrictions ahead of the war’s fourth anniversary.

flag The EU is preparing its 20th round of sanctions against Russia, targeting the fourth anniversary of the invasion of Ukraine, with a focus on closing loopholes in existing measures. flag Expected actions include expanding the blacklist of individuals and entities, adding more vessels to the shadow fleet list—estimated to include 65% of Russian oil shipments violating the G7 price cap—and advancing a proposed full maritime service ban on ships carrying Russian oil, gas, or coal. flag This ban would block EU companies from providing insurance, port access, and financing, going beyond current price-based restrictions. flag The Netherlands supports incentives for scrapping shadow fleet vessels, while efforts to sanction major Russian energy firms or restrict uranium imports remain unlikely. flag The bloc may also accelerate bans on Russian iron, steel, nickel, and fertilizers, raising tariffs earlier than planned, and is exploring ways to address sanctions evasion, including potential actions against Chinese firms involved in Russian energy trade.

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