Europe extending its limits on Russia
BRUSSELS — The European Union agreed to a six-month extension Monday for a raft of sanctions aimed at depriving Russia of funds to finance its war against Ukraine after Hungary lifted its objections to the move over a dispute about the transit of Russian gas to Central Europe.
The sanctions target trade, finance, energy, technology, industry, transport and luxury goods. They include a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU.
They will now remain in place at least until July 31.
Some measures were introduced in 2014 after Russia annexed Ukraine’s Crimean Peninsula, but the list grew significantly after Moscow’s full-fledged invasion of its neighbor in 2022. — Associated Press