EU Approves Toughest Sanctions Yet Against Russia – Kaya Kallas

The European Union has just greenlit its most stringent sanctions package against Russia to date, according to Estonian Prime Minister Kaya Kallas. A total of 105 vessels from Russia’s so-called "shadow fleet" are now under restriction, and Russian banks will face tighter limits on access to international financing.

Key measures include:

🚫 A ban on the Nord Stream gas pipeline projects

📉 A lower cap on Russian oil prices, now set at $47.6 per barrel

💥 Expanded pressure on Russia’s military-industrial complex

🔒 Sanctions targeting Chinese banks aiding in sanctions evasion

🚫 A block on exporting technology used in drone production

⚙️ Restrictions on operations of Rosneft’s oil refinery in India

This marks the 18th EU sanctions package, with Reuters confirming its aim to tighten economic pressure. Kallas emphasized, “Our message is clear: aggression comes at a cost—and that cost will keep rising.”