EU targets Russian energy with new sanctions — and welcomes Trump’s major policy shift

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A idiosyncratic carries retired attraction tasks astatine the Eustream state installation connected February 25, 2025 successful Velke Kapusany, Slovakia.

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The European Union connected Thursday launched a caller round of sanctions against Russia for its warfare successful Ukraine, joining the U.S. by targeting Moscow's vigor infrastructure.

The bundle of measures, which subordinate states approved connected Wednesday evening, includes a prohibition connected Russian liquefied earthy state (LNG) imports.

It comes soon aft U.S. President Donald Trump, in a large argumentation shift, announced caller sanctions against Rosneft and Lukoil, 2 of Russia's largest lipid companies.

Trump told reporters connected Wednesday that helium felt it was the due clip to enforce the measures, describing the sanctions arsenic "tremendous" earlier adding that helium hoped they wouldn't beryllium successful spot for long.

Kaja Kallas, the EU's precocious typical for overseas affairs and information policy, welcomed the Trump administration's sanctions connected Russian lipid companies, describing the argumentation arsenic a "signal of strength."

Speaking to CNBC's "Europe Early Edition" connected Thursday, Kallas said: "It is truly depriving Russia of the means to money this warfare and this is indispensable to extremity this war."

In a societal media post, Kallas added that the EU's latest sanctions bundle would people Russian banks, crypto exchanges and entities successful India and China, among others.

 EU's Kallas

European Commission President Ursula von der Leyen, meanwhile, said the bloc's 19th bundle of sanctions, which were formally adopted connected Thursday, would support "the unit precocious connected the aggressor" of the Russia-Ukraine war.

"For the archetypal clip we are hitting Russia's state assemblage — the bosom of its warfare economy. We volition not relent until the radical of Ukraine person a conscionable and lasting peace," von der Leyen said connected Thursday.

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