Europe Moves to Sanction Russia Again, Closing In on Oil Embargo

The European Union proposed a phased-in embargo on Russian oil imports, the delisting of more Russian banks from the Swift payment messaging system and fresh sanctions targeted at people spreading disinformation on Russia’s war in Ukraine, EU officials said Tuesday.

The EU’s foreign policy chief Josep Borrell on Tuesday became the first EU official to set out the key parts of a new sixth sanctions package against Russia drawn up by the EU’s executive body, the European Commission. The proposals were circulated to member states late Tuesday evening.

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