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EU Commission Unveils Tougher Russia Sanctions, Fast-Tracks Gas Ban

The plan now heads to EU capitals for unanimous approval, facing resistance from energy‑reliant members.

Overview

  • The proposal advances a full ban on Russian pipeline gas to January 2027 and sets an end‑2026 cutoff for Russian LNG, moving the timetable up by about a year.
  • EU companies would be barred from transactions with oil majors Rosneft and Gazpromneft in a bid to curb Russian energy revenue.
  • Regulators added 118 vessels to the list of shadow‑fleet tankers moving Russian oil, taking the total to more than 560 ships restricted from EU ports and services.
  • New measures would prohibit trade with third‑country refiners, traders and petrochemical firms that facilitate Russian oil exports, including entities in China and India.
  • Adoption requires agreement by all 27 member states, with Hungary and Slovakia objecting to early import bans unless alternative supplies are guaranteed.