Trade retaliation: The EU headquarters in Brussels. Beyond commodities the EU is also seeking to cut off more Russian banks from international payment systems. — AFP
PARIS: The European Union (EU) is considering import restrictions on Russian aluminium and phasing out liquefied natural gas (LNG) from the nation as part of a new package of sanctions targeting Moscow for its full-scale invasion of Ukraine, according to people familiar with the matter.
The draft measures, which would be part of the bloc’s 16th package of sanctions, include restrictions on dozens more vessels that are part of Moscow’s shadow fleet of tankers transporting Russian oil and further export controls on goods used for military purposes.
