The Council adopted its 17th package of economic and individual restrictive measures against Russia.

Details of the (most relevant) Decisions:

1. Anti-circumvention measures

• EU has listed 189 additional vessels that are part of the shadow fleet of oil tankers or contribute to Russia's energy revenues, bringing the total number of listings to 342.
• They are now subject to a port access ban and a ban on provision of services.
• This package also adds 31 new companies to the list providing direct or indirect support to Russia's military industrial complex, or engaged in sanctions circumvention.
• This includes 18 companies established in Russia, and 13 established in third countries (6 Turkey, 3 Vietnam, 2 UAE, 1 Serbia and 1 Uzbekistan).

2. Individual Listings

• Sanctions extended to 75 new targets: 17 individuals and 58 entities.

3. Shakalin exemption

• The 17th package includes an extension of the exemption from the oil price cap, allowing for the transport of crude oil originating in the Sakhalin-2 Project in Russia by vessel to Japan.
• This measure is based on energy security concerns.
• The extension is granted for one year until 28 June 2026.

For more information, please refer to:

• Council press release
• Commission press release
• Commission Q&A
• Commission dedicated webpage

‍