What restrictions does the 21st sanctions package impose on Russia? The EU's 21st sanctions package against Russia became the second such list approved by the Council of the EU this year. The package covers increased pressure on: the banking and cryptocurrency sector; Russia's energy revenues, including the establishment of a price cap on oil; the 'shadow fleet' and oil refining; the military-industrial complex and drone manufacturers. It also provides for an expansion of exp

On 1 April 2025, Republican Senator Lindsey Graham and Democratic Senator Richard Blumenthal introduced a bill called the Sanctioning Russia Act of 2025 in the Senate. It was immediately referred to the Committee on Banking, Housing, and Urban Affairs. The sponsors were candid about their motivation to raise the cost of aggression high enough to force Moscow into genuine negotiations. At the time, relations between the Trump administration and Ukraine were lukewarm. The tensi