Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BRUSSELS, July 18 (Xinhua) — The European Union (EU) on Friday approved a new package of sanctions against Russia, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas said.
“The EU has just approved one of the toughest sanctions packages against Russia to date,” wrote K. Kallas on the social network X.
It includes a reduction in the price ceiling for Russian oil sold to third countries by 15 percent of the market price. In 2022, the Group of Seven (G7) set the price ceiling at $60 per barrel, now the price will be $47.6, with the possibility of adjustment in accordance with future changes in oil prices.
The package also includes measures to ensure that the Nord Stream 1 and Nord Stream 2 gas pipelines in the Baltic Sea cannot be restarted.
The EU will impose sanctions on a Russian-owned oil refinery in India and blacklist more than 100 additional vessels from Russia's so-called "shadow fleet" that are believed to be skirting EU sanctions by carrying mostly Russian oil, Kallas said. –0–
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