Source: United Press International
“The European Union on Friday reached an agreement to impose its 18th round of sanctions against Russia over its war in Ukraine after Slovakia ended its protest. The package targets Russia’s so-called shadow fleet of ships as well as the energy and banking sectors. It also lowers the oil cap from $60 to $45 a barrel and prohibiting the EU from accessing Russian Nord Stream pipelines. The EU is also, for the first time, sanctioning a flag registry and Russian oil company Rosneft’s largest refinery in India.” (07/18/25)