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EU Proposes 21st Sanctions Package Targeting Russian Energy, Finance and Fisheries

Pausing the oil price‑cap to curb Kremlin windfalls, the package closes third‑country channels used to evade sanctions.

Overview

  • European Commission President Ursula von der Leyen presented the proposals on Tuesday, June 9, as a 21st sanctions package focused on energy, finance, crypto, defence supply chains and fisheries.
  • The package would pause the automatic upward adjustment of the Russian oil price cap until January and blacklist about 30 more tankers while banning sales of LNG carriers to Russia.
  • For the first time the EU is proposing an entry ban on anyone who has served in the Russian armed forces since the invasion and new import bans on some fish, including cod.
  • Brussels would widen financial and crypto restrictions by adding dozens of banks, crypto platforms and third‑country firms to blacklists and by imposing export controls on metals, alloys and drone components.
  • All measures must be negotiated and approved unanimously by the 27 EU member states, with some items set for discussion on June 15 and formal adoption possible in stages into July.