Von der Leyen reveals details of 21st EU sanctions package against Russia

European Commission President Ursula von der Leyen has welcomed the approval of the 21st EU sanctions package against Russia, Report informs.

"I welcome the agreement on the 21st sanctions package against Russia. At a time when Ukraine has built military momentum, our sanctions continue to weaken the economic foundations of Russia's war effort. We're adding 32 more Russian banks to our transaction ban list. As well as crypto firms and oil trading platforms. Freezing the oil price cap adjustment for a year, so that the Russian war machine does not benefit from market shocks. For the first time, we're targeting vessels assisting Russia's shadow fleet. And we took an important step towards formally banning Russian combatants from entering the EU," she wrote on X.

Von der Leyen also thanked the Irish Presidency of the EU Council for its assistance in reaching an agreement on a new sanctions package.

Earlier, Irish Minister for European Affairs Helen McEntee wrote on her Facebook page that EU countries agreed on the 21st sanctions package against Russia.