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EU Imposes New Sanctions on Russia Over Energy Sector Disputes

Summary

The European Union announced new sanctions targeting Russia’s energy sector today amid ongoing geopolitical tensions. The measures include restrictions on technology exports critic

The European Union announced new sanctions targeting Russia’s energy sector today amid ongoing geopolitical tensions. The measures include restrictions on technology exports critical to oil refining and gas extraction. According to the European Commission, these sanctions aim to curb Russia’s energy revenues, which finance its military operations. The move follows diplomatic efforts to pressure Moscow to de-escalate the conflict in Eastern Europe. Bloomberg reports that the sanctions could reduce Russian energy exports to the EU by up to 20% over the next six months, impacting global energy markets.
Feb 17Verified by Kanchan
EU Imposes New Sanctions on Russia Over Energy Sector Disputes

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