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Estonia Demands Lower Oil Cap to Approve EU Sanctions

7/10/2025

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Summary

Estonia Demands Sanctions

Estonia is poised to block the EU's 18th sanctions package against Russia unless the oil price cap is slashed from $60 to $45 per barrel, a move deemed vital by Foreign Minister Margus Tsahkna. Meanwhile, Slovakia's resistance is stalling the approval process, with a critical decision anticipated by July 15.

Summary

Slovakia Blocks Sanctions

Slovakia is holding up the EU's 18th sanctions package against Russia, which aims to impose tougher restrictions on the country's energy and banking sectors. Frustration is mounting among EU diplomats as they prepare for crucial discussions on July 11, hoping for a resolution by July 15. The stakes are high as the EU seeks to unify against Russian aggression.

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Estonia Demands Sanctions

Estonia is poised to block the EU's 18th sanctions package against Russia unless the oil price cap is slashed from $60 to $45 per barrel, a move deemed vital by Foreign Minister Margus Tsahkna. Meanwhile, Slovakia's resistance is stalling the approval process, with a critical decision anticipated by July 15.

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