EU Tightens Grip: New Sanctions on Russia's Oil Shadow Fleet

The European Union has implemented additional sanctions against Russia, primarily targeting its shadow fleet of oil tankers and banning liquefied natural gas imports. This initiative, announced by the Danish EU presidency, seeks to apply comprehensive measures on oil, gas, and Russia's financial sector amid ongoing tensions in Ukraine.

The European Union has intensified its stance on Russia by imposing a fresh set of sanctions aimed at hobbling the country's shadow fleet of oil tankers and banning imports of liquefied natural gas, as per the announcement made by the Danish EU presidency on Thursday.

Danish Foreign Minister Lars Løkke Rasmussen stated, "Today is a good day for Europe and Ukraine," marking a strong regional commitment from EU leaders who convened for a summit in Brussels to discuss the situation.

The newly-introduced sanctions will enforce comprehensive measures on Russian oil and gas industries, alongside targeting the shadow fleet. This action closely follows the U.S. government's own sanctions unveiled a day earlier, designed to coerce Russian President Vladimir Putin into negotiations to end the conflict with Ukraine.

(With inputs from agencies.)