EU Commission announces its 20th Sanctions package against Russia, tightening the grip on its economy through oil bans, bank and crypto restrictions, trade curbs, and anti‑circumvention measures

The measures include a full ban on maritime services for Russian crude oil, the addition of 43 vessels to the so-called “shadow fleet” list, and further restrictions on tankers and LNG shipments. Sanctions also extend to 20 more Russian regional banks, cryptocurrency platforms, and trade in critical goods, including metals, chemicals, tractors, and cybersecurity technologies, with the EU introducing its first anti‑circumvention tool to prevent re‑exports via third countries. The package complements previous restrictions and aims to further…