TechFlow, September 8 — According to Jinshi Data, the European Union is exploring new sanctions on about six Russian banks and energy companies as part of its latest pressure campaign to compel Russian President Putin to end the Russia-Ukraine conflict.
The package—which would be the EU's 19th round of sanctions since the full-scale outbreak of the Russia-Ukraine conflict in 2022—may also target Russia's payment and credit card systems, cryptocurrency exchanges, and impose further restrictions on the country's oil trade, according to people familiar with the matter.
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