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European Commission President Ursula von der Leyen announced on In addition, the EU is lowering the price cap on Russian crude
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\nFriday that the Commission adopted the decision to ban all imports
\nof Russian liquefied natural gas (LNG) as part of its 19th package
\nof sanctions. “We are prepared for this, we have been saving
\nenergy, we have been diversifying supplies, we have been investing
\nin low-carbon sources of energy like never before,” she said,
\nAzernews<\/strong> reports.<\/p>\n
\noil to $47.6 and sanctioning another 118 vessels in the so-called
\nshadow fleet, which circumvent sanctions by transporting Russian
\noil. Russian energy trading companies Rosneft and Gazpromneft will
\nbe under a full transaction ban, while additional companies will
\nsee their assets frozen. Von der Leyen added the EU will target
\nrefineries, oil traders and petrochemical companies in third
\ncountries importing oil from Russia, including China. The EU is
\nalso cracking down on other ways to circumvent sanctions, including
\nimposing measures against crypto platforms for the first time.<\/p>\n
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