EU Approved the Sixth Package of Sanctions Against Russia

The sixth package of EU sanctions implies reducing the dependence of the EU on Russian oils imports. This decision is planned to reduce Russian oil imports to the EU by 92% by the end of the year. Phased ban on crude oil imports would take about six months, while the implementation of a ban on petroleum products would take up to eight months.

The sixth package also includes the disconnection from the SWIFT payment system of three Russian banks – Sberbank, Rosselkhozbank, and Credit Bank of Moscow – as well as one Belarusian bank.

Three Russian state-owned media outlets have also been sanctioned for spreading propaganda.