Overview
- The proposal would bar EU insurance, financing, port access and other services for transporting Russian crude, to take effect following a G7 decision.
- Shipping restrictions expand with 43 more shadow‑fleet vessels listed to 640, tighter limits on tanker acquisition, and bans on maintenance for LNG carriers and icebreakers.
- Financial measures add 20 Russian regional banks to sanctions and target cryptocurrencies, trading platforms and banks in third countries that enable illicit trade.
- Trade steps introduce new import bans on metals, chemicals and critical minerals, further export controls on battlefield‑linked items, and a proposed quota on ammonia.
- The EU plans a first use of its anti‑circumvention tool to block sensitive re‑exports via high‑risk jurisdictions, as national envoys begin Council talks with unanimity required by late February.