EU Backs New Sanctions Against Russia, Targeting Energy Imports, Crypto Providers

The move comes a day after Trump announced tougher sanctions on Moscow.

Ukrainian President Volodymyr Zelenskyy (L) and European Council President Antonio Costa speak with reporters as they arrive for an EU Summit at the European Council building in Brussels, Belgium, on Oct. 23, 2025. Harry Nakos/AP

The European Union agreed on fresh sanctions against Russia on Oct. 23. The sanctions target the country’s shadow fleet, banks, third-country entities, and cryptocurrency providers.

The bloc’s 19th package of sanctions against Moscow was a response to Russia’s escalating aggression in Ukraine, particularly its attacks on civilian infrastructure, the Council of the EU said in a statement.