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Home»World»EU imposes new sanctions on Russia
World

EU imposes new sanctions on Russia

Our CorrespondentBy Our CorrespondentMay 5, 2022No Comments1 Min Read
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The top EU official yesterday announced fresh sanctions against Russia over Ukraine. These include a total ban on imports of oil from Russia and a watch on Russia’s biggest banks and major broadcasters.
European Commission President Ursula von der Leyen announced within six months plans to cut Russia’s purchases of crude into Europe and end imports of refined energy products by the end of this year.

The main purpose of the sanctions is to drain Russian resources that are helping Putin continue the war against Ukraine. At the same time, he said that America will no longer allow Russia to pay off debt using dollars deposited in American banks. This step has been taken with the aim of putting additional pressure on Moscow.

At the same time, he made it clear that the United States is committed to continuing its historic support to Ukraine. Then whether it is military aid, humanitarian aid or financial aid.

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