EU's New Sanctions on Russia: What You Need to Know

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The European Union has just approved a new sanctions package targeting Russia, with a specific focus on the shadow fleet of oil tankers aiding in oil export evasion. This response comes amid escalating tensions and the ongoing conflict in Ukraine. EU leaders have issued a stark warning to Moscow: agree to a thirty-day ceasefire or face even tougher measures. This package has been prepared in anticipation of U.S.-led peace efforts and includes blacklisting around 200 oil tankers and targeting companies in Vietnam, Serbia, and Turkey for supplying military goods to Russia. Watch the video to get the full breakdown of these sanctions and their potential impact on the geopolitical landscape.

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