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World · 6 February 2026

EU Unveils 20th Sanctions Package Targeting Russian Oil, Banks, and Trade

EU Unveils 20th Sanctions Package Targeting Russian Oil, Banks, and Trade

The European Union has announced its 20th sanctions package against Russia over the Ukraine war, targeting energy, financial services, and trade sectors. The measures include a full ban on maritime services for Russian crude oil, restrictions on around 20 banks, action against cryptocurrencies, and limits on key imports. The package also targets dozens of vessels linked to Russia’s shadow fleet. EU leaders aim to approve the sanctions by February 24, marking the invasion’s anniversary.

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