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The EU adopts the cap on Russian oil transported by sea in its new sanctions against Russia

It adds the philosopher Alexander Dugin and 36 other people to its 'black list', prohibits the presence of Europeans on the board of directors of state-owned companies and will punish those who help circumvent sanctions.

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The EU adopts the cap on Russian oil transported by sea in its new sanctions against Russia

It adds the philosopher Alexander Dugin and 36 other people to its 'black list', prohibits the presence of Europeans on the board of directors of state-owned companies and will punish those who help circumvent sanctions

BRUSELAS, 6 Oct. (EUROPA PRESS) -

The European Union has adopted this Thursday the new round of sanctions against Russia for the escalation of the conflict in Ukraine, a package that includes as a main measure the cap on the price of Russian oil transported by sea, in addition to more limitations on trade with Russia, punishments for those who circumvent the sanctions or the prohibition to participate in the boards of directors of Russian state-owned companies.

The eighth round of European sanctions comes in response to the referendums and annexations of Ukrainian territories by Russia and an escalation of the war, including nuclear rhetoric against the West. In this context, the Twenty-seven have approved the basis for establishing a limit on the price of Russian oil transported by sea to third countries, in addition to restrictions on the maritime transport of crude oil, a measure that seeks to reduce Russia's income, on the one hand, and stabilize international markets, on the other.

With this step, the EU blocks maritime transport related to the shipment of crude oil to third countries from next December, while the measure will affect petroleum products from February 2023. In addition, the prohibition of ships of The EU to offer maritime transport services will enter into force when the Twenty-seven set the maximum price, an issue that is negotiated at the G7 level.

Finally, the measure will not affect the crude that arrives through the pipeline, something that countries like Hungary and other landlocked European partners demanded due to their great dependence on Russian oil.

Regarding trade measures, the package contemplates the prohibition of more imports of Russian products such as steel, wood, paper products, cigarettes, cosmetics and plastics, as well as jewelry items such as precious stones.

On the side of European exports, technology related to the aviation sector will be further restricted, as well as the prohibition of selling weapons for civilian use, certain electronic components, chemicals and goods that can be used for repressive use, a measure with which the EU seeks to undermine Moscow's military capacity.

Another of the elements contained in this round of sanctions is the veto for European citizens to occupy positions in the administrative bodies of Russian state companies, a measure in clear reference to the former German chancellor, Gerhard Schroeder, who was forced to leave his post in the board of state oil company Rosneft last May after a barrage of criticism.

Shortly after the Russian aggression against Ukraine began, former French Prime Minister François Fillon resigned from his positions at a Russian oil and chemical company, as did former Italian Prime Minister Matteo Renzi, in his case at a Russian car-sharing company. .

Equally, the EU expands its 'blacklist' with 37 individuals and entities responsible for illegal queries in Donetsk, Lugansk, Jerson and Zaporiyia and members of the Russian Defense behind the mobilization of reservists, in addition to punishing propagandists who disseminate misinformation about the invasion.

European sources confirm the inclusion of the well-known philosopher Alexander Dugin, whose daughter suffered a fatal attack last August and who has described the annexation of the Ukrainian regions as a new era of civilization for Russia. Another novelty included in this package is the extension of the scope of individual sanctions to be able to add those people who facilitate the evasion of European sanctions.