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EU sanctions lift boosts Russian diesel revenue
The European Union warned that easing sanctions on Russian diesel could boost Moscow's revenues to fund its war in Ukraine. EU Foreign Policy Chief, Cecilia Malmström, confirmed that the Union does not plan to ease economic pressure on Russia at this time. She noted that Russia has intensified its attacks in recent days, resulting in the death of more than 80 Ukrainian civilians, and is conducting hybrid assaults against EU member states and NATO. The EU will also proceed with imposing additional sanctions on hundreds of individuals and entities linked to the war, calling for a ceasefire and the protection of energy infrastructure and food security to halt Moscow's war funding.
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