EU proposes 19th sanctions package against Russia, includes full LNG ban
PositiveFinancial Markets
The European Union has proposed a 19th sanctions package against Russia, which includes a complete ban on liquefied natural gas (LNG). This move is significant as it aims to further pressure Russia amid ongoing geopolitical tensions, particularly in light of its actions in Ukraine. By targeting energy resources, the EU seeks to reduce its dependency on Russian energy and promote energy security within its member states.
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