Finance
EU extends sanctions against people over russia's war against Ukraine
Published by Global Banking & Finance Review®
Posted on March 14, 2026
2 min readLast updated: March 14, 2026
Quick Summary
The EU has extended sanctions on individuals and entities supporting Russia’s war in Ukraine for six months—until September 15—while removing only a few from the list, amid resistance from Hungary and Slovakia over energy-security concerns.
EU Extends Sanctions Against Individuals Backing Russia’s War on Ukraine
EU Sanctions Extension and Member State Responses
By Philip Blenkinsop
Sanctions Extension Details
BRUSSELS, March 14 (Reuters) - The European Union has extended for six months sanctions against people and entities deemed to be supporting Russia's war against Ukraine after a deadlock due to Hungary and Slovakia maintaining vetoes.
Scope and Duration of Measures
The Council, the EU body representing the 27 EU members, said restrictive measures targeting those responsible for undermining or threatening the territorial integrity, sovereignty and independence of Ukraine had been prolonged until September 15.
Changes to the Sanctions List
The 27-nation bloc did lift the sanctions on two individuals and removed five deceased people from the list. One of the two living individuals removed was Niels Troost, a Dutchman placed on the sanctions list over trading Russian oil, according to an EU diplomat.
Impact and Expansion of Sanctions
Number of Individuals and Entities Affected
Some 2,600 individuals and entities are subject to measures, including travel restrictions, freezing of assets and a ban on making funds or other economic resources available to listed individuals or entities. EU sanctions have steadily expanded since Russia's invasion of Ukraine in February 2022.
Member State Positions and Disputes
Hungary and Slovakia's Objections
Hungary and Slovakia had previously sought to have a number of Russian oligarchs removed from the sanctions list, EU diplomats said.
Energy Sanctions and Pipeline Issues
Hungarian Prime Minister's Appeal
Hungarian Prime Minister Viktor Orban urged the European Union on Monday to suspend sanctions on Russian energy due to soaring prices, fueled by the war in Iran. Hungary and Slovakia have also taken issue with Ukraine over Russian oil flows through the Druzhba pipeline.
(Reporting by Philip Blenkinsop; Editing by Toby Chopra)
Key Takeaways
- •The EU Council prolonged restrictive measures—including asset freezes and travel bans—for approximately 2,600 individuals and entities until September 15, 2026.
- •Despite prior veto threats, Hungary and Slovakia delayed the extension, demanding removals from the sanctions list due to ongoing energy dependency issues tied to the Druzhba pipeline.
- •The sanctions regime, first launched in 2014 and intensified after February 2022, remains one of the EU’s main tools to uphold Ukraine’s sovereignty amid Russian aggression.
Frequently Asked Questions about EU extends sanctions against people over Russia's war against Ukraine
1How long have the EU sanctions against Russia over Ukraine been extended?
The EU has extended sanctions for six months, now running until September 15, 2024.
2How many individuals and entities are affected by the EU sanctions?
About 2,600 individuals and entities are subject to the EU’s restrictive measures, including travel bans and asset freezes.
3Which countries delayed the latest EU sanctions extension?
Hungary and Slovakia maintained vetoes, causing a deadlock before the extension was agreed.
4What measures do EU sanctions impose on listed individuals and entities?
The measures include travel restrictions, asset freezes, and a ban on making funds or economic resources available.
5Were any individuals removed from the EU sanctions list?
Sanctions were lifted on two living individuals, including Dutch trader Niels Troost, and five deceased people were removed.
