Published
02/26/2026, 15:31The European Union is in favor of imposing a ban on the provision of maritime services to Russia, but the final decision will be made jointly with the G7 countries.
This was announced by EU Special Envoy for Sanctions David O'Sullivan.
The EU currently applies a price cap on Russian oil. It was recently lowered to $44 per barrel. According to the diplomat, Russia's oil and gas revenues have fallen significantly in recent months.
The issue of a complete ban on maritime services is being discussed and will be brought up for coordination with G7 partners in the coming weeks.
