EU Unveils New Russia Sanctions Package, Targets LNG and Chinese Entities

The plan accelerates a liquefied natural gas ban, lowers the oil price cap, and expands restrictions to foreign firms accused of helping Moscow.

European Commission President Ursula von der Leyen addresses the audience during the conference "One Year After the Draghi Report" at the EU Charlemagne building in Brussels, Belgium, on Sept. 16, 2025. Omar Havana/Getty Images

The European Union has unveiled a sweeping new sanctions package against Russia aimed at choking off the Kremlin’s revenues from fossil fuels and tightening restrictions on banks, technology exports, and foreign firms accused of helping Moscow circumvent previous measures.

European Commission President Ursula von der Leyen announced the bloc’s 19th package of Russia-related sanctions at a Sept. 19 press conference in Brussels, describing the move as a necessary response to Moscow’s military escalation in Ukraine.