The European Union included Chinese banks for the first time in the 18th package of sanctions against Russia. Among other foreign companies that helped the Kremlin, two financial institutions from China were blacklisted,

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry.

EU sanctions on Russian oil threaten India's $15 billion petroleum product exports to the EU. GTRI highlights the risk to Indian fuel exports and the geopolitical challenges.

“Iran must never be allowed to acquire a nuclear weapon. That is why Germany, France and the United Kingdom are continuing to work intensively in the E3 format to find a sustainable and verifiable diplomatic solution to the Iranian nuclear programme,” the German source said.

The European Union on Friday reached an agreement to impose its 18th round of sanctions against Russia over its war in Ukraine after Slovakia ended its protest.

India condemned the "unilateral sanctions" by the European Union targeting a Rosneft-linked refinery in Gujarat and urged the EU to avoid "double standards" in energy trade.

The spokesperson for Foreign Ministry of Iran condemned the European Council’s “illegal and destructive” decision to impose fresh sanctions on a number of Iranian individuals.

The post Sa’ar hails ‘diplomatic victory’ as EU says it’s holding off on sanctions over Gaza war appeared first on The Times of Israel.