Overview
- The European Commission’s package accelerates the phase-out of Russian liquefied natural gas to 1 January 2027 to curb Moscow’s fossil-fuel revenues.
- The plan includes full transaction bans on Rosneft and Gazprom Neft, new restrictions on banks and traders, measures against crypto platforms and Russia’s MIR payment system, and a blacklist expansion covering 118 shadow‑fleet tankers.
- Brussels proposes tighter controls on dual‑use exports and targets entities outside Russia, including firms in China and India accused of helping circumvent sanctions.
- EU officials are coordinating with Washington following public pressure from President Donald Trump, as Kyiv welcomes the move and urges swift adoption and parallel U.S. action; Zelensky expects to meet Trump at the UN, though Washington has not confirmed.
- To navigate veto risks and deepen pressure, Brussels is weighing complementary trade tools affecting Druzhba pipeline flows and progressing work to mobilize revenues from frozen Russian assets to support Ukraine.