European Union ambassadors have reached a political agreement on a 21st package of sanctions targeting Russia in response to its ongoing war in Ukraine. The newly agreed sanctions include a 12-month freeze on the existing price cap imposed on Russian oil. This latest move aims to further restrict Russia’s revenue streams and limit its ability to finance the conflict. Diplomats confirmed the agreement on Thursday, signaling continued EU resolve in maintaining pressure on Moscow. The sanctions package represents the latest effort by the EU to align its response with international partners. This action underscores the EU’s commitment to supporting Ukraine and pushing for a peaceful resolution to the war. Further details regarding the specific measures within the package are expected to be released shortly.

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