The European Union has approved its 18th and most sweeping package of sanctions against Russia, targeting the country's vital oil exports and shadow fleet in response to the ongoing war in Ukraine. Key measures include lowering the price cap on Russian crude, banning transactions with additional Russian banks, and restricting imports of petroleum products refined from Russian oil. The sanctions aim to shrink Russia's war chest, but analysts and officials note that Russia has adapted to previous sanctions, and major buyers like India and China are expected to continue imports. The new rules are also set to disrupt global oil markets, impacting Indian refiners and potentially raising fuel prices. Despite the EU's efforts, questions remain about the effectiveness of these measures in significantly curbing Russia's revenue or war effort.
اس عام گفتگو جواب دینے والے پہلے شخص بنیں۔
