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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

New EU Sanctions to Hit Russian Oil, Target More Banks

11 April 2022, Luxembourg: Josep Borrell, EU High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission, speaks during a press conference following the EU Foreign Ministers Meeting at the European Council building in Luxembourg. (EU Council/dpa)

The European Union will slap new sanctions on Russia for waging war against Ukraine, targeting Moscow's oil industry, more Russian banks and those responsible for disinformation, the EU's top diplomat said on Tuesday.

"We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation actors and tackle oil imports," Josep Borrell, head of the foreign policy unit at the EU's executive European Commission, said in a tweet.

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