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EU Adopts Sixth Package of Anti-Russia Sanctions, Including Partial Oil Embargo

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The Council of the EU has adopted the sixth package of sanctions against Russia, which includes a delayed embargo on Russian seaborne crude oil and petroleum products, de-SWIFTing of Sberbank, Russian Agricultural Bank, Credit Bank of Moscow, and the Belarusian Bank for Development and Reconstruction, as well as suspension of the broadcasting activities of Rossiya 24, RTR Planeta, and TV Centre International channels, according to a statement released on Friday. The phasing out of Russian oil will take “from 6 months for crude oil to 8 months for other refined petroleum products,” the statement said. Sanctions are expected to come…

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