EU Continues Crackdown on Russian Sanctions Evasion

The EU is finding broad support from member countries to close loopholes that allow Russian oil to flow into the European Union. A draft version of the European Commission’s proposals for the sanctions package would bar vessels covertly carrying Russian crude from the bloc’s ports. The oil measures are part of a broader sanctions package that is likely to take aim at third countries boosting trade with Russia, including China and Iran, as well as an annex to call out specific countries and products.