The EU member states have agreed on a new, 19th sanctions package targeting Russia and Belarus. This package introduces additional comprehensive financial and economic sanctions, including embargoes on key sectors.
According to the EU, “The complete ban on imports of Russian liquefied natural gas (LNG) and tougher measures against the ‘shadow fleet’ represent the most severe sanctions against the Russian energy sector to date.”
The package includes amendments to existing regulations, specifically Regulation (EU) 2025/2033 and Implementing Regulation 2025/2035, which modify and enforce aspects of previous sanctions frameworks.
The prior 18th sanctions package focused mainly on further actions against Russia's “Shadow Fleet,” introduced a dynamic oil price cap, and imposed an import ban on refined petroleum products from Russia and Belarus.
These new restrictions will affect European businesses engaged with Russian and Belarusian sectors, requiring adjustments to comply with the tightened measures and expanded sanctions list.
Author’s summary: The EU’s 19th sanctions package intensifies financial and sectoral restrictions on Russia and Belarus, significantly impacting energy imports and diplomatic activities within Europe.