EU to Unveil 21st Sanctions Package on Russia Targeting Energy, Banks and Crypto

The European Union is preparing a new round of sanctions against Russia. Officials say it will be the bloc’s 21st sanctions package since the conflict

The European Union is preparing a new round of sanctions against Russia. Officials say it will be the bloc’s 21st sanctions package since the conflict began. The proposal concentrates on the Russian energy sector. It also seeks to restrict Russian banks from accessing European markets. A further component targets cryptocurrency activities linked to Russia. The measures aim to tighten economic pressure on Moscow. The package is expected to be presented at an upcoming EU summit. Analysts will watch for the impact on Russia’s revenue streams.