EU Slams Russia With Import Ban, Oil Price Cap in Latest Sanctions

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New sanctions of the EU against Russia include a ban on the transportation of oil to third countries at prices above the established oil price cap and an extended import ban on goods, among others, the Czech Presidency of the Council of the EU said on Wednesday.

“The package contains a prohibition of third maritime transport of Russian oil to countries above the oil price cap and a ban on related services,” the Czech presidency tweeted.

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Also, it includes an “extended import ban on goods – steel products, wood pulp, paper, machinery and appliances, chemicals, plastic, cigarettes, etc.”

The tweet said the new package also banned IT, engineering, and legal services provision to Russian entities and a further tech-export ban.

“Expansion of the sanctions regime to Kherson and Zaporizhzhia, new criteria for sanctions circumvention and new listings,” the presidency added.

(Sputnik/NAN)

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