Thursday, October 30, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

EU chief urges bloc members to sanction Russia’s LNG exports

by Russia
September 19, 2025
in World
Reading Time: 2 mins read
A A
0
Home World
Share on FacebookShare on Twitter


BRUSSELS — The European Union ought to slap new sanctions on Russia’s exports of liquefied pure gasoline, its shadow fleet of growing old oil tankers and main vitality corporations over its conflict on Ukraine, European Fee President Ursula von der Leyen mentioned on Friday.

“It’s time to flip off the faucet” on LNG, von der Leyen mentioned in a video assertion outlining her fee’s new sanctions proposals. They should be endorsed by the 27 EU international locations earlier than they will enter drive.

“I now name on member states to rapidly endorse these new sanctions. We would like Russia to go away the battlefield and are available to the negotiation desk, and that is the way in which to offer peace an actual likelihood,” she mentioned.

The bloc has already agreed on 18 packages of sanctions towards Russia, however getting ultimate settlement on who and what to focus on can take weeks.

Greater than 2,500 “entities” together with banks, ministries, vitality corporations and officers have already been hit.

The officers embrace President Vladimir Putin and his associates, scores of Russian lawmakers and a number of other oligarchs. Journey bans and asset freezes are the commonest measures.

Vitality income is the linchpin of Russia’s financial system, permitting Putin to pour cash into the armed forces with out worsening inflation for on a regular basis folks and avoiding a forex collapse.

Von der Leyen insisted that EU sanctions are having an affect. “Russia’s overheated conflict financial system is coming to its restrict,” she mentioned, noting specifically fixed excessive inflation in Russia.

The fee proposed concentrating on 118 further vessels from Russia’s shadow fleet of ships transporting oil, bringing the overall hit to over 560.

“Main vitality buying and selling corporations Rosneft and Gazprom Neft will now be on a full transaction ban, and different corporations can even come below an asset freeze” if the measures are endorsed, the top of the EU’s government department additionally mentioned.

A part of the plan can be to go “after those that gasoline Russia’s conflict by buying oil in breach of the sanctions,” she mentioned. Von der Leyen mentioned that the fee desires to “goal refineries, oil merchants, petrochemical corporations and third international locations together with China.”

The sanctions would additionally embrace export restrictions on “gadgets and applied sciences” that can be utilized on the battlefield. An extra 45 corporations in Russia and elsewhere can be hit, for “offering direct or oblique help to the Russian navy industrial complicated,” the fee president mentioned.



Source link

Tags: BlocchiefExportsLNGMembersRussiasSanctionUrges
Previous Post

Democrats' Leftward Drift Threatens Midterm Hopes

Next Post

6 Dietitian Tips to Track Restaurant Meals

Related Posts

Trump says U.S. will start testing nuclear weapons again

Trump says U.S. will start testing nuclear weapons again

by Euro Times
October 30, 2025
0

U.S. President Donald Trump, forward of his assembly with Chinese language President Xi Jinping on Thursday, stated he has instructed...

Latin America is China’s laboratory in Washington’s ‘backyard’ — RT World News

Latin America is China’s laboratory in Washington’s ‘backyard’ — RT World News

by RT
October 29, 2025
0

Beijing’s increasing footprint within the area demonstrates the potential of all-encompassing South-South cooperation In late September, China took one other...

UAE Central Bank cuts interest rate to 3.90%; lowest since 2022, consumers to see cheaper loans and mortgages | World News

UAE Central Bank cuts interest rate to 3.90%; lowest since 2022, consumers to see cheaper loans and mortgages | World News

by TOI World Desk
October 29, 2025
0

The UAE Central Financial institution has reduce rates of interest twice in two months, bringing the bottom fee down to...

Burevestnik and Poseidon Have Changed the Balance of Power – Military Expert

Burevestnik and Poseidon Have Changed the Balance of Power – Military Expert

by Author
October 30, 2025
0

https://sputnikglobe.com/20251029/burevestnik-and-poseidon-have-changed-the-balance-of-power--military-expert-1123033909.htmlBurevestnik and Poseidon Have Modified the Stability of Energy – Army KnowledgeableBurevestnik and Poseidon Have Modified the Stability of Energy...

Beijing creates new national observance linking Taiwan to China’s wartime victory

Beijing creates new national observance linking Taiwan to China’s wartime victory

by Ryan General
October 29, 2025
0

China has designated Oct. 25 because the Commemoration Day of Taiwan’s Restoration, a brand new nationwide observance meant to strengthen...

The Case for Security Council Reform — Global Issues

The Case for Security Council Reform — Global Issues

by Global Issues
October 29, 2025
0

Credit score: UN Photograph/Loey FelipeOpinion by I. R. King (united nations)Wednesday, October 29, 2025Inter Press Service UNITED NATIONS, October 29 (IPS)...

Next Post
6 Dietitian Tips to Track Restaurant Meals

6 Dietitian Tips to Track Restaurant Meals

Intuit (INTU) reaffirms first-quarter and fiscal 2026 financial guidance

Intuit (INTU) reaffirms first-quarter and fiscal 2026 financial guidance

Central Pacific Financial Corp. 2025 Q3 – Results – Earnings Call Presentation (NYSE:CPF) 2025-10-30

Central Pacific Financial Corp. 2025 Q3 – Results – Earnings Call Presentation (NYSE:CPF) 2025-10-30

October 30, 2025
Rode’s latest wireless microphones now work with digital cameras

Rode’s latest wireless microphones now work with digital cameras

October 30, 2025
Trump says U.S. will start testing nuclear weapons again

Trump says U.S. will start testing nuclear weapons again

October 30, 2025
Instamart Drives Growth As Food Delivery Margins Firm Up

Instamart Drives Growth As Food Delivery Margins Firm Up

October 30, 2025
More than a million current account switches in year as bank apps attract savers

More than a million current account switches in year as bank apps attract savers

October 30, 2025
Your Circadian Rhythm Plays a Key Role in Regulating Bone Breakdown and Repair

Your Circadian Rhythm Plays a Key Role in Regulating Bone Breakdown and Repair

October 30, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Central Pacific Financial Corp. 2025 Q3 – Results – Earnings Call Presentation (NYSE:CPF) 2025-10-30

Rode’s latest wireless microphones now work with digital cameras

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In