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EU adds individuals and entities on Russian sanctions list - Finance news and analysis from Global Banking & Finance Review
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EU adds individuals and entities on Russian sanctions list

Published by Global Banking & Finance Review

Posted on June 15, 2026

2 min read

· Last updated: June 15, 2026

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EU adds shadow fleet figures, judges, bishop to Russia sanctions list

European Union Expands Sanctions Against Russia

BRUSSELS, June 15 (Reuters) - The European Union targeted Russian shadow fleet figures accused of aiding Moscow's Ukraine war effort as well as individuals linked to opposition figure Alexei Navalny's murder as it expanded its sanctions list on Monday.

New Additions to the Sanctions List

In total, 34 individuals and 47 entities linked to Russia's military and industrial complex, its shadow fleet of oil and gas tankers and others involved in political interference activities were added to the list, the European Council said.

Key Figures Targeted

Among them were Tahir Garayev - founder of Coral Energy, which later became 2Rivers Group - and Konstantin Rogach.

Role of Tahir Garayev

Garayev had enabled the shipment and export of Russian crude, in particular from sanctioned energy giant Rosneft, through a network of companies by concealing the oil's true origin, the EU said.

Role of Konstantin Rogach

Rogach had "facilitated insurance coverage and provided administrative consultancy for the benefit of vessels transporting crude oil or petroleum products originating in Russia or exported from Russia," the EU said.

Sanctions Related to Alexei Navalny's Death

The EU also targeted 15 individuals, including Russian judges and prosecutors, related to the 2024 poisoning death of Alexei Navalny, a leading opponent of Russian President Vladimir Putin.

Other Individuals and Entities Sanctioned

A number of people "responsible for spreading disinformation aimed at justifying, promoting or legitimising Russia's war of aggression" were also targeted with sanctions, including journalists, a Russian social media influencer and Georgiy Shevkunov, a bishop in the Russian Orthodox Church.

Future Sanctions and Economic Impact

EU member states' ministers are currently discussing a 21st package of wider sanctions, the bloc's chief diplomat Kaja Kallas said at a press conference on Monday, adding that sanctions have so far cost Russia's economy between €1 trillion ($1.16 trillion) and €1.3 trillion.

($1 = 0.8623 euros)

(Reporting by Inti Landauro, Bart Meijer and Julia Payne; Editing by Charlotte Van Campenhout and Joe Bavier)

Key Takeaways

  • 34 individuals and 47 entities added to the EU’s sanctions list targeting supporters of Russia’s war effort, including military-industrial actors, shadow fleet oil and gas tankers, and political interference networks.
  • These new listings precede the EU’s 21st sanctions package, proposed on June 9, 2026, which further targets energy, finance, crypto, trade (including fisheries), entry bans for Russian combatants, and drone manufacturers.
  • The buildup of sanctions reflects the EU’s sustained strategy to weaken Russia’s war economy, including past actions—over 632 shadow fleet vessels already sanctioned and expanded export restrictions on military‑industrial sectors.

Frequently Asked Questions

What new measures has the EU approved against Russia?
The EU has approved restrictive measures against 34 individuals and 47 entities supporting Russia's war effort.
Who are affected by the new EU sanctions?
The sanctions target individuals and entities related to Russia's military and industrial complex, shadow fleet, and political interference.
What is the current status of broader EU sanctions on Russia?
A 21st package of wider sanctions is still being discussed by EU member states' ministers.
Who announced the latest EU sanctions?
The sanctions were announced by the EU council and referenced in a statement by EU's chief diplomat Kaja Kallas.
How does this action impact the EU's stance on Russia?
The new sanctions reinforce the EU's commitment to penalize those supporting Russia's war and related activities.

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