EU Expands Russia Sanctions, Trump Threatens New Measures

The European Union has announced a sweeping new sanctions package targeting Russia’s energy sector, banks, and military-industrial complex, and now penalizes companies and vessels transporting Russian crude while lowering the oil price cap. The EU also aims to ban all Russian oil and gas imports by 2027. In retaliation, Russia has expanded entry bans to include European officials and entities involved in providing military aid to Ukraine. The United States is considering additional sanctions, with President Trump threatening 100% secondary sanctions on countries purchasing Russian exports if Russia does not reach a peace agreement with Ukraine within 50 days, which could impact major importers such as India, China, and Turkey. These developments have escalated tensions, as Russia launched one of its largest aerial assaults on Kyiv, intensifying calls for more Western military aid to Ukraine. European leaders continue to express strong support for pressuring Russia, while Moscow condemns the new measures.