EU Sanctions Target Russian Energy and Financial Networks in 21st Package
The EU adopted new Russia sanctions on July 23, expanding restrictions on banks, crypto, oil shipping and military supply chains while some measures remain delayed.
Sanctions
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EU’s 21st sanctions package targets Russia’s war economy
Adopted July 23, the EU package adds 218 listings and targets Russian banks, crypto platforms, shadow-fleet vessels, energy firms and military suppliers.
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Senate Advances Russia Sanctions Bill as Zelenskyy Presses Washington
The Senate’s 86-12 procedural vote advances a proposed Russia sanctions bill, but new penalties and tariffs would require further action before taking effect.
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EU and UK Impose Parallel Sanctions Over Russian Cyber Campaign
The EU and UK announced parallel sanctions on July 13, 2026, against Russian-linked cyber actors accused of targeting European governments and critical infrastructure.
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China adds 14 EU entities to export-control list in Russia sanctions retaliation
China’s MOFCOM says it will bar exports of dual-use goods to 14 EU entities, effective immediately, citing retaliation for the EU’s latest Russia sanctions.
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U.S. revokes Iran oil sanction license; CENTCOM restarts Hormuz enforcement
World Economy Trade Energy and Technology Scan – OFAC’s Iran “wind-down” license runs from July 7; CENTCOM says naval blockade enforcement restarted July 14.
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House passes Ukraine aid and Russia sanctions bill, sending it to the Senate
The House passed a Ukraine aid and sanctions bill on June 4, and the Senate now decides whether to move, amend, or slow the measure.
