The European Commission proposed a new package of sanctions against Russia on February 6, 2026, the 20th since the full-scale invasion.
Oil shipping
The centrepiece is a full ban on maritime services for Russian crude oil, which Commission President Ursula von der Leyen said “will slash further Russia’s energy revenues.” It would be introduced together with like-minded partners following a G7 decision.
The EU would also list 43 more shadow fleet vessels, bringing the total to 640, and ban maintenance and other services for LNG tankers and icebreakers.
Banks and crypto
The package would sanction 20 more Russian regional banks and several banks in third countries that facilitate trade circumventing sanctions. It also targets cryptocurrencies, crypto trading companies and the platforms that enable such trade.
Trade
New export bans would cover goods and services worth more than €360 million, from rubber to tractors, while import bans on metals, chemicals and critical minerals are worth more than €570 million. The proposal also caps ammonia imports and adds export restrictions on items used on the battlefield.
Next steps
The package needs unanimous approval from all 27 EU member states. Publication of the proposal had been delayed by discussions over the maritime services ban.
Sources
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