European Union agrees on new sanctions against Russia targeting its shadow oil fleet, LNG imports

BRUSSELS — The European Union has agreed on a new raft of sanctions against Russia targeting its shadow fleet of oil tankers and banning its imports of liquefied natural gas, the Danish EU presidency announced Thursday. “Today is a good day for Europe and Ukraine,” Danish Foreign Minister Lars Løkke Rasmussen said in a statement, as EU leaders were gathering for a summit in Brussels. He said that the new sanctions “will introduce new and comprehensive measures on oil and gas, the shadow fleet and Russia’s financial sector.” A new system for limiting the movement of Russian diplomats within the 27-nation EU will also be introduced. The move comes a day after U.S. President Donald Trump’s administration announced new sanctions against Russia’s oil industry that are aimed at moving Russian President Vladimir Putin to the negotiating table and ending Moscow’s war on Ukraine. Energy revenue is the linchpin of Russia’s economy, allowing Putin to pour money into the armed forces without worsening inflation for everyday people and avoiding a currency collapse. The new EU meas

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