Overview

• Russian billionaire Roman Abramovich has lost his legal challenge against the European Union sanctions imposed on him following Russia's invasion of Ukraine.
• The EU court upheld the sanctions, which include freezing Abramovich's assets and banning him from traveling within or through the bloc.
• The court noted Abramovich's role in the Russian steel company Evraz, which provides a major source of revenue to the Russian government, as a justification for the sanctions.
• Abramovich, who also holds Israeli citizenship and is a former owner of Premier League football club Chelsea, can appeal the ruling.
• The EU has imposed 12 rounds of sanctions on Russia since President Vladimir Putin ordered his troops into Ukraine almost two years ago.