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EU Unleashes Tough Sanctions on Russia: A Unified Front

5/24/2025

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Summary

Story summary

The European Union is poised to unleash a powerful sanctions package against Russia, targeting over 20 banks by cutting them off from SWIFT, slashing the oil price cap from $60 to $45, and halting Nord Stream pipelines. These bold moves reflect a united front among EU member states, all seeking to intensify pressure on Moscow.

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Story summary

The European Union is poised to unleash a powerful sanctions package against Russia, targeting over 20 banks by cutting them off from SWIFT, slashing the oil price cap from $60 to $45, and halting Nord Stream pipelines. These bold moves reflect a united front among EU member states, all seeking to intensify pressure on Moscow.