The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia's war in Ukraine.

The European Union has implemented new sanctions against individuals and entities involved in Russia's “shadow fleet” of oil tankers, part of its ongoing response to the Ukraine invasion. , Economy, T

The European Union has imposed sanctions on five businessmen linked to Russian oil companies Lukoil and Rosneft.

Leaders of eight easternmost European Union nations are gathering in Helsinki on Tuesday to plot a roadmap for how to secure as much funding as possible for building up defenses against Russia.

Russia’s Central Bank says it has filed a lawsuit against Belgian financial institution Euroclear. That's the Brussels-based clearing house that holds most of Moscow’s frozen assets in Europe.

The Council of the European Union has imposed sanctions on a further five individuals and four organisations deemed responsible for supporting Russia's shadow fleet. Source: a press release by the Council of the EU,

Imports dipped after the invasion, and Europe placed sanctions on a number of executives at Russian fertiliser companies. But it soon made clear that the companies themselves, and the commodities they sell,

The European Council has imposed new sanctions on 9 individuals and organizations that contribute to the functioning of Russia's shadow fleet. The restrictions are aimed at further reducing Russia's ability to generate revenue to finance its aggressive war against Ukraine.

The European Union is set to lock up Russia’s assets in Europe until Russia ends its war on Ukraine and compensates for the damage

Igor Rogov, who lives in Poland, has reportedly admitted some allegations in a case that may impact Russian visa rules.

After almost four years of Russia's full-scale war, Kyiv is running out of cash, and needs an estimated €135.7bn over the next two years.