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Created: 2025-07-18 06:45:45 UTC

JUST IN: EU targets oil and banks — 18th sanctions package is ready

The European Union has approved its 18th sanctions package against Russia, EU foreign policy chief Kaja Kallas confirmed. For the first time, the package includes a lowered price cap on Russian oil — down to $XXXX per barrel, according to Reuters.

The package also includes:

▪️ Sanctions on XX Russian banks
▪️ Restrictions on several Chinese banks aiding the Kremlin
▪️ Measures targeting Rosneft’s refinery in India
▪️ Actions against Nord Stream and Nord Stream X
Brussels is now cracking down on grey schemes and international enablers — without these loopholes, Russia’s economy will start to suffocate faster.

![](https://pbs.twimg.com/media/GwHuud1WEAA2fyd.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946099051621167190/c:line.svg)

**Related Topics**
[russia](/topic/russia)
[approved](/topic/approved)

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