On Monday, December 22, 2025, the Council of the European Union renewed its sweeping economic sanctions on Russia for another six months, keeping restrictive measures in place until July 31, 2026.
First imposed in 2014 and significantly expanded after February 2022, these sector-wide sanctions cover trade, finance, energy, technology and dual-use goods, industry, transport and luxury items. Key steps include a ban on seaborne crude oil and certain petroleum imports from Russia, removal of several Russian banks from SWIFT, and suspension of broadcasting licenses for Russia-backed outlets accused of spreading disinformation.
The EU also adopted targeted measures to prevent sanctions evasion and warned it could tighten the screws further if needed. “We will maintain these measures as long as Russia’s actions continue,” the statement read.
At the same time, the bloc reaffirmed its commitment to Ukraine. Last week, the European Council approved a 90 billion-euro loan package to support Ukraine’s military and economic needs over the next two years.
For young investors and market watchers, these extensions signal that energy prices and trade flows may stay volatile into mid-2026. But for Ukraine, it’s a boost of solidarity and resources in a conflict that reshaped global politics a few years ago. Stay tuned for more updates! 🌍💼🛢️
Reference(s):
EU extends economic sanctions on Russia for another 6 months
cgtn.com
