EU signs off on 21st package of sanctions against Russia – Europe live

The European Union has approved its twenty-first package of sanctions against Russia. The Guardian reports the measures include adding thirty-two more Russian banks to a transaction ban list, along with targeting crypto firms and oil trading platforms. The EU also froze an oil price cap adjustment for a year, preventing Russia from benefiting from market shocks. European Commission president Ursula von der Leyen welcomed the adoption, saying the sanctions 'continue to weaken the economic foundations of Russia's war effort.'

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