Holes in EU Russia sanctions put attention back on Trump oil threat
- Posted on July 22, 2025
- By Business News Today
- 2 Views
Holes in EU Russia sanctions put attention back on Trump oil threat
The EU's latest sanctions package aims to further restrict Russia's oil revenue by lowering the price cap and banning refined oil product imports, but its impact is questionable. Russia has adapted by creating shadow networks, and countries like India and China continue to purchase discounted crude.
