As Putin escalates the war in Ukraine, the European Union (EU) proposes stricter sanctions against Russia, including restrictions on foreign companies, bans on Russian diamond and other imports, and tightening the oil price cap. The EU also plans to ban the import of rough diamonds from Russia and blacklist individuals and entities. The EU could review its ties with Azerbaijan if the situation in Nagorno-Karabakh worsens, potentially imposing sanctions against individuals responsible for human rights violations.

EU Imposes Stricter Sanctions on Russia