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EU Rolls Out 19th Sanctions Package Against Russia, Targeting Energy and Crypto Amid Intensifying Ukraine War

Critics within the bloc, including Hungary's Viktor Orbán, decried the measures as "self-harm," arguing they inflate household bills in landlocked nations like Austria. Yet, with public support for Ukraine at 72% across the 27-member union—per a fresh Eurobarometer poll—the package sailed through with minimal dissent, a far cry from the veto threats of 2022.
28 October 2025 by
EU Rolls Out 19th Sanctions Package Against Russia, Targeting Energy and Crypto Amid Intensifying Ukraine War
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Brussels, October 28, 2025 – In a resolute escalation of economic pressure on Moscow, the European Union formally imposed its 19th round of sanctions against Russia on Tuesday, zeroing in on the Kremlin's energy sector, financial enablers, and cryptocurrency networks that have sustained its protracted invasion of Ukraine. The measures, adopted by the EU Council last week and effective immediately, come as frontline clashes in Donetsk and Kharkiv regions intensify, with Ukrainian President Volodymyr Zelenskyy warning of a "brutal winter offensive" by Russian forces bolstered by North Korean munitions.

The sweeping package, unveiled during an emergency summit in Brussels where Zelenskyy addressed EU leaders, builds on previous restrictions by introducing a phased ban on Russian liquefied natural gas (LNG) imports starting January 1, 2027, alongside immediate prohibitions on transshipment through EU ports. It also blacklists 25 additional Russian banks and financial institutions, including those facilitating third-country transactions, and clamps down on crypto providers—such as those in China and the UAE—that have evaded earlier controls by laundering over €10 billion in illicit funds since 2022, according to EU estimates.

"We are closing every loophole that allows Putin to fund his war machine," declared European Commission President Ursula von der Leyen at the post-adoption press conference, flanked by foreign ministers from Germany, France, and Poland. "These sanctions target not just Russia's economy but its enablers worldwide, ensuring that no shadow network props up aggression against Ukraine." The measures are projected to strip Russia of €7 billion in annual EU revenue, per Commission projections, exacerbating the ruble's 15% slide this quarter and compounding fuel shortages in Siberian refineries.

The timing is no coincidence: Just days earlier, on October 23, U.S. President Donald Trump announced parallel sanctions on Russian oil giants Rosneft and Lukoil—titans accounting for over 5% of global output—prompting a 3% spike in Brent crude to $89 per barrel and jitters in energy-dependent India. EU diplomats hailed the transatlantic alignment as a "coalition of the willing" moment, with French President Emmanuel Macron vowing to accelerate €50 billion in military aid to Kyiv over the next two years, funded through frozen Russian assets.

Russia's response was swift and scornful. Kremlin spokesperson Dmitry Peskov dismissed the package as "economic terrorism" from a "declining West," claiming it would only hasten Europe's deindustrialization amid soaring energy costs. Putin, in a televised address from the Kremlin, reiterated defiance, touting new trade pacts with Iran and Venezuela to offset losses—deals that now risk secondary sanctions under the EU's expanded extraterritorial clauses.

On the ground in Ukraine, the sanctions' bite is palpable. Zelenskyy, fresh from the Brussels huddle, reported that Russian drone strikes on Odesa grain silos—vital for global food security—had doubled in the past week, underscoring Moscow's desperation to choke export routes. "Every euro denied to Putin saves lives on our frontlines," he posted on X, thanking the EU for its "unwavering solidarity" as winter frost sets in.

Critics within the bloc, including Hungary's Viktor Orbán, decried the measures as "self-harm," arguing they inflate household bills in landlocked nations like Austria. Yet, with public support for Ukraine at 72% across the 27-member union—per a fresh Eurobarometer poll—the package sailed through with minimal dissent, a far cry from the veto threats of 2022.

As the conflict enters its fourth year, with over 500,000 casualties tallied by UN observers, these sanctions represent not just economic warfare but a strategic pivot: from containment to constriction. For Europe's leaders, it's a high-stakes gamble—starving Russia's war chest without igniting their own. In the shadow of escalating barrages, the EU's latest volley echoes a simple truth: in this frozen standoff, every sanction is a shot fired for peace.

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EU Rolls Out 19th Sanctions Package Against Russia, Targeting Energy and Crypto Amid Intensifying Ukraine War
TCO News Admin 28 October 2025
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