Exploring the Threats Posed to Russia by the New, Most Severe EU Sanctions. Analyzing Possible Consequences for the Economy, Energy Sector, and International Relations. The European Union has adopted its 18th sanctions package against Russia, which includes a series of measures targeting the Russian oil and gas sector....

... prospects of the energy crisis in the region. Russian gas supplies to Europe—via pipelines and as LNG—are under increasing threat. On December 20, pipeline gas deliveries to the EU might stop due to U.S. sanctions against Gazprombank. Meanwhile, the EU is preparing a new sanctions package to ban LNG imports from Russia. What consequences might Gazprom, Russia, and the EU face if supplies are entirely halted? Last week, the U.S. imposed blocking sanctions on Gazprombank. European buyers of Gazprom's gas are required ...

We discuss the implications of the 18th EU sanctions package for Russia. We analyze potential consequences for the economy, energy sector, and international relations. The European Union countries have approved the 18th sanctions package against Russia. As for the domestic fuel and energy complex ...

... shortages. In Europe , the situation with motor fuel prices remains relatively stable. Following the upheavals of 2022-2023, when sanctions and logistics restructuring caused sharp price fluctuations, the European gasoline and diesel market has reached equilibrium ... ... relatively cheap oil (around $70 compared to >$100 a year ago) and successful redirection of refined product imports: the EU has established stable diesel supplies from the Middle East, Asia, and the U.S. instead of relying on Russian volumes. As expensive ...

... the autumn could raise volatility again. Record-high storage levels reduce the likelihood of sharp price spikes this winter, which is positively perceived by investors and industrial consumers. Meanwhile, market participants are closely monitoring the EU's further steps to strengthen energy security, including discussions about new targets for storage filling and potential restrictions on Russian gas imports. Global Agreements and Policy: Trade De-escalation vs Sanction Pressure In the international arena, two opposing trends are notably interwoven: de-escalation of trade conflicts between major economies and increasing geopolitical rhetoric. On one hand, a key recent event has been the trade-energy deal between ...