EU executive proposes eighth batch of sanctions against Russia

FILE PHOTO: Activists and members of the media stand next to an unveiled billboard reading "Europe, Stop Funding Putin's War" outside the European Parliament in Brussels, Belgium September 27, 2022. REUTERS/Yves Herman/File Photo

BRUSSELS (Reuters) -The European Union executive proposed on Wednesday an eighth round of sanctions against Russia over its invasion of Ukraine, including tighter trade restrictions, more individual blacklistings and an oil price cap for third countries.

The proposal will now go to the bloc's 27 member countries, which will need to overcome their differences to implement the new sanctions on top of seven sets of punitive measures imposed on Russia since its forces swept into Ukraine on Feb. 24.