MOSCOW, July 18: Amid the European Union’s approval of a new sanctions package against Russia, specifically targeting the country’s oil market, Moscow has not ruled out countermeasures to tackle the measure, after it concludes its analysis of the 18th round of European sanctions, said Deputy Foreign Minister Alexander Grushko.
Speaking to Moscow’s state-owned-media TASS, Grushko said “Certainly, we will analyse their impact on our economy. We will take measures supporting our interests in case of necessity. And some countermeasures are also possible.”
In its latest round of sanctions, the EU has expanded its blacklisting of individuals and legal entities associated with Russia, lowered the price ceiling for Russian oil purchases in the EU, excluded the possibility of resuming Nord Stream gas pipelines’ operations, introduced restrictions against oil tankers and banks, and set forth new export restrictions.
(UNI_
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