EU to lower price cap on Russian oil to $44.1 per barrel
The EU will lower its price cap on Russian crude oil to $44.1 per barrel, with the new rate taking effect on February 1, 2026.
Russia and the EU
EU wants to resume dialogue with Russia - report
Recent statements by Italian and French leaders that the European Union will have to negotiate with Russia have received support both in Brussels and other European capitals, Politico reported, citing sources.
EU sanctions divert Russian LNG to Afghanistan and Central Asia - report
Russia has almost doubled exports of liquefied petroleum gas in the January-November period to the Central Asian countries and Afghanistan to 1.016 million metric tons, industry sources said.
EU achieves positive trade balance with Russia for first time since 2002
For the first time in history, imports of European goods into Russia have exceeded Russian exports to the European Union, with Russia’s trade balance posting a deficit of 0.5 bln euro over the first nine months of 2025, according to Eurostat.
Macron: EU should open dialogue with Russia
French President Emmanuel Macron has called for the European Union to initiate a constructive dialogue with Russia, stating that establishing contact with President Vladimir Putin is necessary and urgent.
Issue of seizing Russian assets not on Brussels summit agenda - Orban
The issue of seizing Russian financial assets frozen in the West will not be on the agenda of the EU summit in Brussels, Hungarian Prime Minister Viktor Orban said upon his arrival in the Belgian capital, where EU leaders are meeting on December 18-19.
EU FMs to approve new package of anti-Russia sanctions
EU foreign ministers will discuss new sanctions against Russia, including blacklisting 40 tankers allegedly carrying Russian oil, the European Union’s High Representative for Foreign Affairs Kaja Kallas said.
Russia's Central Bank seeks 18 trln ruble from Euroclear
Russia's Central Bank has filed a lawsuit seeking 18.2 trillion roubles ($229.36 billion) in damages from Belgian central securities depository Euroclear, a Moscow court said on Monday.
Orban warns of unpredictable consequences of seizing Russian assets
Seizing Russian assets frozen in the West would lead to unpredictable consequences for the European Union, Hungarian Prime Minister Viktor Orban warned.
Brussels acknowledges aim to utilize frozen Russian assets
A European Commission spokesperson has stated that the EU intends to use frozen Russian assets to address economic challenges stemming from the conflict in Ukraine.
EU agrees on sanctions against Russian oil tankers
The EU representatives for the first time since the start of the special military operation agreed upon a block of sanctions outside the main sanction packages, a source in the diplomatic community in Brussels said.
U.S. offers returning Russia's assets frozen by West - report
The U.S. administration has opposed the European Union’s initiative to use frozen Russian assets to fund Ukraine via a reparations loan, Politico reported, citing senior European diplomats.
Putin: Russia ready to cooperate with EU
Vladimir Putin stated that if Europe expresses a desire to cooperate economically with Russia, Moscow would not object to resuming work with them.
EU accelerates plan for seizure of Russian assets - report
The European Commission has sped up the development of a legal framework to seize frozen Russian assets within the EU, according to media reports citing sources.
Russia third by share in EU gas imports value
Russia ranked third in the total value of gas imports of the European Union as of the end of January - September 2025 with the share of 16.1%, according to Eurostat.
Greek PM calls for ban on Russian gas supplies to EU via Turkey
Greek prime minister Kyriakos Mitsotakis called for a ban on Russian natural gas supplies to the European Union, including via the TurkStream gas pipeline.
EU stops issuing multiple-entry Schengen visas to Russians - report
The European Union has stopped issuing multiple-entry Schengen tourist visas to Russian citizens in most cases, Politico reported, citing European officials.
EU ambassadors to discuss possibility of confiscating Russian assets
On November 5, ambassadors from all EU member states will convene to discuss the European Commission's proposal regarding the expropriation of frozen Russian assets. A common strategy on this issue has previously been unsuccessful.
EU remains largest buyer of Russian LNG
The European Union has become the largest buyer of Russian liquefied natural gas, even as the 19th sanctions package includes a phased ban on LNG imports from Russia, the Guardian reported, citing data from the Centre for Research on Energy and Clean Air.
EU to gradually ban Russian LNG imports
The European Union has included a complete ban on imports of Russian liquefied natural gas under short-term contracts from April 25, 2026, and under long-term contracts from January 1, 2027, in its 19th sanctions package, according to a decree by the Council of the EU published in the Official Journal of the EU.
