The European Union has approved a sweeping new package of sanctions against Russia, intensifying its economic campaign against Moscow’s war machine. Key Takeaways: The EU approved a new sanctions package banning Russian LNG imports and tightening banking and crypto restrictions.

The U.S. and the European Union are hitting Russia with another round of sanctions, aiming to cut into oil and gas export earnings that fund Moscow's war against Ukraine. More than 3 1/2 years into the war,

As Zelenskyy lauds Europe and the U.S. for ramping up economic pressure on Putin over the war in Ukraine, Moscow dismisses them as a counterproductive "act of war."

The European Union on Thursday formally adopted sweeping sanctions targeting Russia's energy sector, a day after the United States announced punitive measures against the Kremlin's oil industry.

The European Union has agreed on a new raft of sanctions against Russia targeting its shadow fleet of oil tankers and banning imports of its liquefied natural gas. Danish Foreign Minister Lars

The European Union has sanctioned two mainland Chinese oil refineries and one Hong Kong-based oil trader as part of its latest efforts to hobble Russia's war economy, drawing a stern rebuke from Beijing.

China has voiced its opposition to the U.S. sanctions on Russia's oil companies, emphasizing the need for sanctions to be in line with international law. Meanwhile, the European Union (EU) imposed fresh Russian sanctions on Thursday.

European leaders Tuesday threw their support behind President Donald Trump's peace push for Ukraine, while reaffirming their red lines, as the Kremlin cast doubt on chances of an imminent summit between the US leader and Vladimir Putin.