EU Imposes 21st Round of Sanctions on Russia, Freezes Oil Price Cap, Targets Sergey Belov
The European Union has agreed on its 21st round of sanctions against Russia, including a 12-month freeze on the oil price cap and asset freezes on 94 Russian banks. The package also targets Sergey Belov, a deputy chairman of Russia’s central bank. The move follows weeks of diplomatic negotiations and aims to curb Russia’s war efforts in Ukraine.
Where Sources Diverge
The RTE article mentions that the sanctions are a 'watered-down round' and that the oil price cap is frozen at the current level.
European Union countries have agreed a new watered-down round of sanctions on Russia over the Ukraine war after weeks of haggling, diplomats said, freezing the level of an oil price cap.
EU ambassadors on Thursday reached a political agreement on a new round of sanctions against Russia over the Ukraine war, according to EU diplomats. The 21st sanctions package includes a 12-month freeze on the Russian oil price cap.
Timelines
Sources
Within the Bank of Russia, Sergey Belov oversees the Cash Circulation Department, the Field Institutions Department, the Administrative Department, and the Russian Union of Cash Collection Divisions
The Council is imposing asset freezes and a prohibition to make funds available to 94 banks and major financial institutions, as well as to an important figure in Russia’s banking establishment
The European Union has agreed upon a new sanctions package against Russia for its war in Ukraine, which includes a price cap on Russian oil.
The European Union has agreed upon a new sanctions package against Russia for its war in Ukraine, which includes a price cap on Russian oil.
EU ambassadors on Thursday reached a political agreement on a new round of sanctions against Russia over the Ukraine war, according to EU diplomats. The 21st sanctions package includes a 12-month freeze on the Russian oil price cap.
European Union countries have agreed a new watered-down round of sanctions on Russia over the Ukraine war after weeks of haggling, diplomats said, freezing the level of an oil price cap.