The European Union announced the draft of the eighteenth round of sanctions against Russia, proposing to lower the price cap on oil sales to Russia to $45

Zhitong
2025.06.10 17:44

On June 10th, the European Commission officially announced the draft of the eighteenth round of sanctions against Russia. The new round of sanctions mainly targets Russia's energy revenue and banking sector, including restrictions on Russia's "Nord Stream" natural gas pipeline and adding more Russian banks to the sanctions list. The draft also suggests lowering the price cap on Russian crude oil from $60 per barrel to $45 per barrel. EU member states will begin discussions on the draft this week. On the 8th of this month, Slovak Prime Minister Fico stated that if EU sanctions against Russia harm Slovakia's national interests, Slovakia will cast a dissenting vote. Previously, Hungary has repeatedly voted against or publicly opposed EU sanctions against Russia and military support for Ukraine

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