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'economic sanctions'

EU joins US in imposing more sanctions on Russia

SUMMARY

The EU has imposed new economic sanctions on Russia to support efforts for peace talks regarding the ongoing war in Ukraine. This move follows recent sanctions from the U.S. aimed at the Russian oil industry. Ukrainian President Volodymyr Zelenskyy welcomed the sanctions and believes they are crucial.

The sanctions target key sectors of Russia's economy, especially oil and gas, which are vital for funding military operations. Despite these measures, fighting continues, with reports of drone strikes affecting both Ukrainian and Russian territories. The situation remains tense, with no signs of imminent peace.


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