Russia, Sanctions and European Union
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A number of Russian spies have been sanctioned for conducting a "sustained campaign of malicious cyber activity" including in the UK, the Foreign Office has said. Three military intelligence units from Russia's GRU espionage agency and 18 officers have had sanctions placed on them for "spreading chaos and disorder on [Russian President Vladimir] Putin's orders".
Crude oil futures held steady on Friday as mixed U.S. economic news offset worries the European Union's latest sanctions against Russia for its war in Ukraine could reduce oil supplies.
The European Union has approved a new package of sanctions on Russia, including restrictions on banking and fuels made from Russian petroleum, and a revised oil price cap – the 18th raft of measures since the country’s full scale invasion of Ukraine.
The European Union on Friday reached an agreement to impose its 18th round of sanctions against Russia over its war in Ukraine after Slovakia ended its protest.
The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry. The EU will set a moving price cap on Russian crude at 15% below its average market price,
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Snapback” sanctions will be triggered by the end of August if Tehran fails to make concrete progress to limit its nuclear program.
The U.S. Treasury sanctioned six leaders and affiliates of the Venezuelan gang Tren de Aragua, including the head of the group, known by the alias "Niño Guerrero."
Crude oil futures rose on Friday while gasoil futures jumped to a 17-month high as investors weighed new European Union sanctions against Russia.