"EU Leaders Agree on New Sanctions Against Russia Following Escalation"

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The headline "EU Leaders Agree on New Sanctions Against Russia Following Escalation" refers to the European Union's adoption of its 16th sanctions package against Russia on February 24, 2025, marking the third anniversary of Russia's full-scale invasion of Ukraine. This comprehensive set of measures aims to intensify economic pressure on Russia and its allies, signaling the EU's unwavering commitment to Ukraine's sovereignty and territorial integrity.​

Key Measures in the 16th Sanctions Package

1. Aluminium Import Ban: The EU has imposed a phased ban on primary aluminium imports from Russia. This measure is designed to disrupt a significant revenue stream for Russia's economy, particularly targeting the aluminium sector. The ban will be implemented gradually to minimize disruptions to European industries reliant on these importsRestrictions on Oil and Gas Transactions: The sanctions package includes prohibitions on transactions with Russian ports and airports that circumvent the G7 price cap on Russian oil. This aims to curb Russia's ability to sell oil above the agreed price ceiling, thereby limiting its revenue from energy exports

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