EU Approves New Sanctions on Russia Targeting LNG, Banks, and Crypto Exchanges
The European Union has escalated its economic measures against Russia with a new sanctions package targeting liquefied natural gas imports, banking restrictions, and cryptocurrency exchanges. The move aligns with recent US sanctions on Rosneft and Lukoil, marking coordinated transatlantic pressure.
Brussels' 19th sanctions package specifically prohibits Russian LNG imports and tightens controls on crypto transactions used to bypass financial restrictions. European Commission President Ursula von der Leyen emphasized the collective resolve: "We're keeping the pressure high on the aggressor."
The measures represent the first direct EU intervention in Russia's gas sector, described as "the heart of its war economy." Concurrent US actions against major Russian oil firms create synchronized economic pressure across Western allies.
