EU approves 18th sanctions package on Russia, slashing oil cap to 15% below market rate & blacklisting 105 shadow fleet ships. Aims to cut war funding amid Ukraine air attacks. US stays out, limiting enforcement power. #RussiaSanctions #UkraineWar #OilPriceCap #TheWorldpk
EU Strikes Hard with 18th Sanctions Package Against Russia
The EU has unleashed its 18th sanctions package, targeting Russia’s war machine by slashing the oil price cap to $47.6 per barrel and banning Nord Stream pipeline transactions.
#EURussiaSanctions #OilPriceCap #UkraineSupport #EU #Ukraine
Will Europe Act Alone Without US Support?
EU's #OilPriceCap Strategy 😟
5/ 💳 EU mulls new banking sanctions
Bloomberg: EU considering cutting 20 Russian banks from SWIFT.
Also in play: lowering the G7 oil price cap — may need US buy-in. #swiftsanctions #oilpricecap
To maximize pressure on the #RussianFederation, the #EU has initiated a global oil price cap. Moritz Rhades’ legal assessment invites to reconsider the EU’s position towards extraterritorial sanctions.
🔗 voelkerrechtsblog.org/extraordinar... #extraterritorial #pricecapcoalition #oilpricecap
