EU Adopts 21st Sanctions Package Against Russia: New Financial and Energy Restrictions
On 23 July 2026, the Council adopted the EU's 21st package of sanctions against Russia, tightening restrictions across energy, financial services, crypto and the military-industrial complex. The package expands transaction bans to more than 100 Russian banks and to third-country banks and crypto platforms, adds 41 vessels to the shadow fleet list, and adjusts oil price cap and LNG measures. It also creates the legal basis for a visa ban on Russian combatants and introduces protections for EU operators against abusive retaliation lawsuits.
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20 Aug 2026