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    Home > Finance > EU envoys agree 15th sanctions package against Russia
    Finance

    EU envoys agree 15th sanctions package against Russia

    Published by Global Banking & Finance Review®

    Posted on December 11, 2024

    1 min read

    Last updated: January 27, 2026

    This image highlights the recent U.S. intelligence report regarding Russia's potential misidentification of an Azerbaijani Airlines flight as a drone, leading to a tragic incident in Kazakhstan. It underscores the ongoing complexities in the region amidst the financial implications of military actions.
    Image related to possible misidentification of Azerbaijani plane by Russia - Global Banking & Finance Review

    Quick Summary

    EU ambassadors have agreed on a 15th sanctions package against Russia, targeting vessels aiding the Ukraine war and extending oil import allowances.

    EU Envoys Approve New Sanctions Package Against Russia

    BRUSSELS (Reuters) - European Union ambassadors agreed on Wednesday to a 15th package of sanctions on Russia over its war against Ukraine, the Hungarian EU presidency said.

    The presidency said on X that the sanctions would target vessels from third countries supporting Russia's war in Ukraine and add more individuals and entities to the sanctions list.

    Diplomats told Reuters that the package also includes an extension of six months for the Czech Republic to import Russian oil-based products coming mainly through Slovakia.

    "I welcome the adoption of our 15th package of sanctions, targeting in particular Russia's shadow fleet", European Commission President Ursula von der Leyen said on X.

    The sanctions package is likely to be formally adopted at a meeting of EU foreign ministers on Monday and will target close to 30 entities, over 50 individuals and 45 tankers.

    There are currently 2,200 individuals and entities on the sanctions list, which bans travel and freezes their assets within the 27-member bloc and over 45 tankers.

    (Reporting by Philip Blenkinsop, Julia Payne, additional reporting by Charlotte Van Campenhout Jan Lopatka and Marek Strzelecki; Editing by Keith Weir)

    Key Takeaways

    • •EU ambassadors agree on a 15th sanctions package against Russia.
    • •Sanctions target vessels from third countries supporting Russia.
    • •Extension for Czech Republic to import Russian oil-based products.
    • •Sanctions list includes 30 entities and over 50 individuals.
    • •2,200 individuals and entities are currently sanctioned.

    Frequently Asked Questions about EU envoys agree 15th sanctions package against Russia

    1What is the main topic?

    The article discusses the EU's 15th sanctions package against Russia, focusing on vessels aiding the Ukraine war.

    2Who is affected by the sanctions?

    The sanctions target 30 entities, over 50 individuals, and 45 tankers, with travel bans and asset freezes.

    3What is the extension for the Czech Republic?

    The Czech Republic has a six-month extension to import Russian oil-based products, primarily through Slovakia.

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