American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

EU adopts new Russia sanctions package targeting LNG and shadow fleet

by admin October 23, 2025
October 23, 2025
EU adopts new Russia sanctions package targeting LNG and shadow fleet

The European Union has approved its 19th sanctions package against Russia, marking one of its strongest joint efforts with the US to disrupt Moscow’s ability to fund its war in Ukraine.

The new measures target Russia’s energy infrastructure and the network that has helped it bypass earlier restrictions, signalling a coordinated Western strategy to curb Kremlin-linked revenues before 2027.

The package, adopted after weeks of internal debate, includes a future ban on liquefied natural gas (LNG) imports from Russia, tighter rules on oil transactions, and fresh action against ships involved in sanctions evasion.

It complements the US’s latest measures against major Russian producers Rosneft PJSC and Lukoil PJSC, underscoring a unified front aimed at closing loopholes across global markets.

LNG ban from 2027 marks turning point in EU’s energy policy

According to Denmark, which currently holds the EU’s rotating presidency, the bloc has agreed to halt all imports of Russian LNG by 2027.

The move marks a significant policy shift, completing Europe’s gradual decoupling from Moscow’s energy supplies since the 2022 invasion of Ukraine.

The EU has already reduced its dependence on Russian gas, but LNG imports have remained one of the last links connecting European energy firms with Russian exporters.

The upcoming ban will cut off billions in annual revenue for Russia’s energy sector, further straining its war economy as Western allies tighten enforcement.

At the same time, the EU aims to strengthen cooperation with alternative suppliers, including the US, Qatar, and African producers, to safeguard long-term energy security.

Crackdown expands to 117 shadow fleet vessels and oil traders

A key part of the new sanctions targets the so-called “shadow fleet” of vessels that transport Russian oil and LNG under complex ownership structures to evade existing restrictions.

The EU has sanctioned 117 additional ships believed to be operating under this network, which has been critical to sustaining Russian exports despite previous bans.

The bloc has also expanded transaction restrictions on two of Russia’s largest oil companies, Rosneft and Lukoil.

These companies were previously allowed to trade under certain exemptions related to global energy stability, but the new measures narrow those loopholes significantly.

These restrictions align closely with new US sanctions introduced just a day earlier, targeting the same firms and their trading subsidiaries.

Together, the transatlantic measures mark one of the most comprehensive attempts yet to choke off Moscow’s access to shipping, financing, and energy trade routes.

Sanctions progress after resistance from Austria, Hungary, and Slovakia

The adoption of the 19th sanctions package followed weeks of resistance from member states that rely more heavily on Russian energy, including Austria, Hungary, and Slovakia.

Their objections centred around energy security and the economic impact of further restrictions, delaying the package’s approval until compromises were reached.

However, the growing alignment between Washington and Brussels ultimately helped push the deal through. European policymakers viewed the package as essential to maintaining pressure on Moscow and signalling to global markets that sanctions evasion will face tougher scrutiny.

The coordinated timing of the EU and US announcements reinforced this message, with both sides moving to close remaining gaps in enforcement across oil, gas, and maritime sectors.

Western allies tighten coordination against Russia’s war economy

By synchronising their sanctions, the EU and the US are not only targeting Russia’s export revenues but also signalling long-term unity in their response to the war.

This approach is intended to make it harder for Russia to redirect its exports through intermediaries or sympathetic nations.

The latest measures reflect how Western allies are gradually moving from reactive sanctions to a more strategic framework—one that focuses on weakening Russia’s economic resilience and its capacity to sustain prolonged military operations.

As the war enters its third year, the renewed emphasis on energy sanctions highlights a broader recalibration of Western strategy: reducing dependence, reinforcing enforcement, and constraining Russia’s access to global capital and logistics networks.

The post EU adopts new Russia sanctions package targeting LNG and shadow fleet appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Lloyds share price analysis after earnings: is it a buy?
next post
Europe markets open: Stoxx up 0.3% as Kering’s 8% jump leads a strong earnings day

Related Posts

Power Solutions stock price analysis: key targets ahead...

March 20, 2025

Credit cards are charging more ‘excess’ interest than...

February 24, 2024

Nvidia stock: why has NVDA been trading in...

December 13, 2025

Mortgage refinance demand jumps to a 2-year high,...

July 18, 2024

Here’s why Nio stock price may surge after...

September 2, 2025

Top 2 reasons why the Wise share price...

June 5, 2025

Tesla tops BYD in deliveries, but BYD leads...

January 4, 2025

Short US30: bearish momentum builds as tariff risks...

March 1, 2025

Rivian stock price analysis: on the verge of...

January 6, 2025

US Steel CEO asserts confidence in $14.9 billion...

September 25, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • India–New Zealand free trade deal sealed as New Delhi pushes global trade ties

      December 22, 2025
    • How India’s strong economic growth is leaving its middle class behind

      December 22, 2025
    • Why gold, silver prices soared to record highs on Monday

      December 22, 2025
    • Weak labour market, not inflation, will drive multiple Fed rate cuts in 2026, says Commerzbank

      December 21, 2025
    • Germany’s fragile recovery tested as business expectations weaken

      December 17, 2025

    Categories

    • Business (4,844)
    • Investing (3,160)
    • Latest News (2,134)
    • Politics (1,541)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved