EU secures wider international alignment from 8 countries for new sanctions targeting Russia’s shadow fleet, banks, crypto services, oil trade and military supply chains

The Council confirmed on 18 August that several non-EU countries had aligned themselves with measures adopted under the EU’s latest Russia sanctions package. The underlying measures extend transaction bans to another 33 Russian banks and several non-Russian institutions accused of sanctions circumvention, target four financial entities and 14 crypto-asset service providers, and introduce a mechanism allowing transactions with third-country…