EU approves 12th package of sanctions against Russia - Breaking The News
Download our appPlay StoreApp Store

EU approves 12th package of sanctions against Russia

EPA-EFE/STEPHANIE LECOCQ

The European Union agreed on the latest, 12th round of sanctions against Russia on Monday, the European Commission announced in a statement.

According to the statement, the sanctions include an import ban on Russian diamonds, imports of liquefied propane, copper and aluminum wire, lithium batteries, and components for unmanned aerial vehicles (UAVs), as well as export restrictions on dual-use products and technologies.

The EU also put 29 companies and several individuals on an asset freeze list and banned Russian citizens from holding senior positions in European companies related to cryptocurrencies. In addition, the European Commission noted that the package tightens the implementation of the oil price cap by closely monitoring how tankers may be used.

Related News
EU: Kiev must set peace terms, preserve integrity
European Commission Spokesperson Guillaume Mercier reiterated the bloc's support for Ukraine's sovereignty on Wednesday, following media reports that the United States had allegedly considered proposing European recognition of Crimea as Russian during London peace talks.The representative told journalists that the EU welcomes all peace efforts aligned with the United Nations Charter but insists Kiev must define the terms of a just and lasting peace,...
EU fines Apple, Meta €700M over competition breaches
The European Commission (EC) fined Apple and Meta Platforms a combined €700 million on Wednesday for violating the bloc's competition laws, marking a new escalation in tensions with the US administration. Apple was fined €500 million, while Meta received a €200 million penalty under the Digital Markets Act (DMA), which aims to curb big tech's dominance.The Commission found that, due to measures imposed by Apple, developers cannot fully benefit from the...
EU may impose fines on Meta, Apple on April 23
The European Commission will impose its first Digital Markets Act (DMA) penalties on Wednesday, April 23, targeting Apple and Meta, Handelsblatt reported on Tuesday, citing sources inside the Commission. The Commission alleges Apple restricts competition through app store limitations, while Meta prevents users from opting out of data sharing. Both companies face potential fines ranging from millions to hundreds of millions of euros and additional daily...
US sanctions Iranian oil, gas shipping network
The United States Department of State announced on Tuesday that it is sanctioning Iranian national Seyed Asadoollah Emamjomeh and his shipping network transporting liquified petroleum gas (LPG). The US claimed Emamjomeh is responsible for exporting "hundreds of millions of dollars' worth" of Iranian LPG and crude oil to foreign markets.The newest designation is part of the Trump administration's policy of "maximum pressure" on the Tehran regime. The...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.