“The deputy chief spokeswoman for the European Commission, Arianna Podestta, said that a new, dynamic ceiling of Russian oil prices, established by the 18th package of sanctions of the European Union against Russia, will begin to be applied from September 3, 2025.”, – WRITE: www.pravda.com.ua
The deputy chief spokeswoman for the European Commission, Arianna Podestta, said that a new, dynamic ceiling of Russian oil prices, established by the 18th package of sanctions of the European Union against Russia, will begin to be applied from September 3, 2025.
Source: “European Truth”
Direct language: “The reduced ceiling of oil prices will begin to be applied from September 3, 2025.”
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Details: She recalled that “most of the provisions of the 18th Package of Sanctions came into force in mid-July after its adoption by the EU Council.”
“The ban on transactions with 22 additional Russian banks will come into force on August 8, 2025,” Arianna Podestta said.
Prehistory:
- On July 18, the EU approved a long-suffering 18th package of EU sanctions against Russia, which could not be agreed for a long time because of the resistance of Slovakia and Malta.
- In the 18th package, a new, dynamic formula for calculating the ceiling price for Russian oil, which will be 15% of the average market price for oil in the last three months-as of now, this amount is approximately $ 47.6.
- Ukraine has already submitted specific proposals for the next, 19th EU sanctions package.