EU Envoy To India Clarifies Sanctions On Russia, Says No Disruption To Global Supply, Purchases

The European Union’s latest sanctions on Russia, clarified by Herve Delphin, the EU Ambassador to India, focus on limiting Russia’s war economy by targeting its oil, energy, banking, and defence sectors, while taking steps to avoid disrupting the global oil market and supply chains.The 18th package lowers the price cap on Russian oil exports from $60 to $47.6 per barrel, aiming to reduce Russia’s
The European Union’s latest sanctions on Russia, clarified by Herve Delphin, the EU Ambassador to India, focus on limiting Russia’s war economy by targeting its oil, energy, banking, and defence sectors, while taking steps to avoid disrupting the global oil market and supply chains.The 18th package lowers the price cap on Russian oil exports from $60 to $47.6 per barrel, aiming to reduce Russia’s
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