New EU Sanctions Against Russia

The European Commission has finalized its 21st sanctions package against Russia, tightening restrictions on the Russian financial sector and freezing the price cap on crude oil exports at $44 per barrel. However, fraught negotiations resulted in the blockage of several key proposals, including sanctions on fish imports, liquefied natural gas (LNG) transportation, and stricter entry requirements for Russian citizens. France and Italy notably opposed an entry ban for individuals who have fought…