Financial Crime Financial Crime

EU to ban all Russian oil by year's end and target Sberbank in new sanctions package

The EU will ban all Russian oil from Europe, phasing out crude oil imports within six months, and refined oil imports by the end of year, European Commission President Ursula von der Leyen said today.

A sixth sanctions package to be presented today in response to Vladimir Putin's continued invasion of Ukraine

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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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