US Could Hit Russia With More Sanctions to End Ukraine War
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Oil, Russia and sanctions
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BRUSSELS, Oct 23 (Reuters) - EU countries on Thursday formally adopted a 19th package of sanctions against Russia for its war against Ukraine that includes a ban on Russian liquefied natural gas imports. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.
A proposed summit between U.S. President Donald Trump and Russian leader Vladimir Putin was postponed before the new sanctions.
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EU levels more sanctions on Russia after U.S. move, shores up plans to defend against drones
The European Union has agreed on a new raft of sanctions against Russia targeting its shadow fleet of oil tankers and banning its imports of liquefied natural gas, while EU leaders on Thursday also en
Belgium, in particular, has been reluctant to back using the frozen assets as it is nervous about having to shoulder any potential consequences should Russia legally challenge Euroclear, the clearing house where the money is located.
European Union officials want to make a large loan to Ukraine backed by Russian state assets, but on Thursday, they deferred any clear decision on that plan to December.
European Union leaders have ordered the bloc’s executive branch to come up with options for meeting Ukraine’s pressing economic and military needs over the next two years.
Kyrgyzstan voiced regret on Friday over the inclusion of several Kyrgyz entities in the European Union's latest Russia sanctions list, a move it called "one-sided sanctions pressure".
For the first time in his second term, President Trump is imposing new sanctions, but they may not shift the course of Russia’s war in Ukraine.
The European Union has heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry