The European Union have approved a new batch of sanctions against Russia amid Moscow’s sabre rattling of nuclear threats and Vladimir Putin’s annexation of four regions of Ukraine.
The EU have hit more individuals as the Defence Ministry those who are a part of the annexation votes.
The sanctions will also restrict more trade with Russia with their tech products and steel they have applied an oil price cap for Russian crude deliveries by sea to countries.
The move to cap Russia’s oil exports is an attempt to hit oil Revenues which will further cripple the Russian economy.
In a statement the Czech Republic said, “The package contains: Prohibition of maritime transport of Russian oil to third countries above the oil price cap and a ban on related services.”
Other measures include expanding curbs on Russian cigarettes, paper, machinery and many more goods, and if there are no objections the sanctions list will be published on Thursday.
European Commission President Ursula von der Leyen, said, “We will never accept Putin’s sham referenda nor any kind of annexation in Ukraine. We are determined to continue making the Kremlin pay.”
Lithuanian Foreign Minister Gabrielius Landsbergis, told Lithuania radio, “The time for strong packages is over, and when reading the documents presented, one sometimes has the impression that there are more exceptions than sanctions.”