13 Jul, 11:58··

EU fails to agree on Russia sanctions.

FAZ

The European Union is having trouble agreeing on new sanctions against Russia. They were close to a deal, but it hasn't been finished. This delay affects the EU's plans to limit Russia's income.

The EU is trying to approve a 21st sanctions package against Russia. Some countries, like Austria and Greece, want exceptions to the rules. Negotiations have been difficult because member states have different ideas. The oil price cap remains in place for one more week. The EU hopes to stop Russia from making money from oil sales.

Summarized from the sources above. Read the originals for the full story.

Highlights

EU Sanctions Delay

The European Union is having trouble agreeing on new sanctions against Russia.

Austria Seeks Exemptions

Austria wants exceptions to be made in the new sanctions.

Negotiations Stalled

Disagreements between member states are delaying the sanctions approval.

Oil Price Cap Extended

The EU will keep the oil price cap for another week.

Agreement Expected Soon

The 21st sanctions package is expected to be approved quickly.

Perspectives

Sources agree
  • The EU is trying to agree on sanctions against Russia.
  • An oil price cap is being discussed.
  • There is a delay in approving the sanctions.
  • The goal is to limit Russia’s revenue.
Sources disagree
Scope of sanctions disagreements

Austria wants exemptions from sanctions.

FAZ, ORF News

Other EU members want broader sanctions.

EU, Público

VS

Timeline

2d 5h span
13 Jul, 11:5815 Jul, 16:57
russiasanctionseuoil pricesEU