Senator Graham backs EU's proposed 18th sanctions package against Russia
Photo: Lindsey Graham, United States Senator (Vitalii Nosach, RBC-Ukraine)
The European Commission's proposal for an 18th package of sanctions, which will include restrictions against Chinese companies and a reduction in the price cap on Russian oil, could hit Vladimir Putin's wallet, according to Senator Lindsey Graham.
"I am very pleased that our European partners, through the EU commission, are leveling a new round of sanctions against Russia for their barbaric invasion of Ukraine," Graham posted on his X.
He added that the new round differs from previous ones in that the new sanctions will be directed against Chinese companies. If China and India did not buy 70% of Russian oil, Putin's military machine would come to a halt.
According to Graham, sanctions against Nord Stream 1 and Nord Stream 2 are also important. In addition, lowering the upper price cap for Russian oil from $60 to $45 could also hit the wallet.
"Well done to our European allies," Graham noted.
Sanctions against Russia
After the start of full-scale war, the West began to actively impose large-scale sanctions against Russia. The financial, energy, military, and technological sectors were subject to sanctions. Their goal is to strike at the economic capabilities of Russia.
On May 20, the European Union imposed a 17th package of sanctions against Russia. Yesterday, June 10, the European Commission proposed introducing an 18th package.
