Eus sharp sanctions against Russia: oil price lids reduced to 15%!

Eus sharp sanctions against Russia: oil price lids reduced to 15%!

Vienna, Österreich - On July 18, 2025, the EU passed the 18th sanction package against Russia after weeks of blockade by Slovakia, which is particularly directed against Moscow's oil revenue. The new measures provide for a reduction in the price cover for Russian oil exports, which is now being set at 15 percent below the world market price. This corresponds to a price of about $ 47.60 (approx. 40.90 euros) per barrel. The new price cover comes into force on September 3, 2025 and will be automatically adjusted every six months, provided that the world market price fluctuates by more than 5 percent, as vienna.at reports.

The sanction package will include additional measures that make international shipping companies and insurance companies seriously difficult for Russia if the oil price is above the new lid. Great Britain also joined the EU sanctions and explained to attack the heart of Russian energy supply. A total of 105 other ships of the Russian shadow fleet were sanctioned, so that 444 ships are now affected. This is done against the background that the EU, the G7 countries and Australia introduced a price limit of $ 60 per barrel for Russian oil in December 2022 and adopted a comprehensive sanction regulation that came under force in June 2023. The [stern.de] (https://www.stern.de/wirtschaft/sankungen- against-russland–das-buchen-bargo- and-price cover-32976274.html) emphasizes that the sanctions aim to limit the Russian trading profits and limit the war.

background of the sanctions

Slovakia had previously blocked the 18th sanction package, but gave up its concerns after receiving price guarantees from the Brussels Commission. EU Commission President Ursula von der Leyen emphasized that the package aims to hit the heart of the Russian war machine. The Ukrainian President Wolodymyr Selenskyj welcomed the agreement to be essential. In contrast, the Kremlin described the sanctions as illegal and announced that it wanted to minimize the effects on the Russian economic system. The Chinese Ministry of Foreign Affairs, on the other hand, demands that the EU respect the legitimate interests of Chinese companies.

In addition, a comprehensive ban on the import of refined oil products from third countries that come from Russian oil will be integrated into the sanction package. Experts also warn of the risk that Russia could try to bring oil to the European market under the wrong identification, but emphasize the vigilance of the authorities in order to uncover processes such as [SRF] (https://www.srf.ch/news/international/18 sanctionspaket-eu-nimm---s--ins-ins-die-die reported.

The new sanctions are part of a long -term strategy that aims to stop the complete import of oil and natural gas from Russia by 2028. These measures are also a reaction to the global geopolitical tensions and the challenges in maritime and digital space. It remains to be seen how sustainable the effects of these sanctions on the Russian oil trade will be and to what extent countries such as India and Turkey, the sanctions, cannot continue to benefit from the Russian oil exports.