EU committed to Russia sanctions despite rising energy prices

AI Summary

The EU remains committed to enforcing sanctions on Russia despite rising energy prices linked to the escalating Middle East conflict. Sanctions target Russian military-industrial companies and financial institutions to maximize economic pressure.

EU Sanctions Envoy David O’Sullivan said the EU is committed to maximizing the impact of sanctions on Russia, at a time when energy prices are rising in response to growing conflict in the Middle East. “We will keep increasing the pressure: sanctioning companies tied to Russia’s military-industrial complex, targeting financial institutions linked to Russian payment ...