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EU Unleashes Sanctions on Russia, Targets Chinese Entities

10/24/2025

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Story summary
  • The European Union issued its 19th sanctions package against Russia, targeting four Chinese entities, including Liaoyang Petrochemical, Shandong Yulong, and Chinaoil (Hong Kong).
  • The measures aim to undermine Russia's war economy amid ongoing tensions with the EU.
  • The package bans Russian liquefied natural gas imports from 2027 and restricts Russian banks and crypto services.
  • China’s foreign ministry condemned the sanctions, saying China does not provide lethal weapons to Russia.
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