European Commission President von der Leyen said the EU will add 32 Russian banks to a transaction-ban list, and include cryptocurrency firms and oil trading platforms. The EU will also adjust and freeze the oil price cap for one year to prevent Russia from profiting from market shocks.

2026-07-23

European Commission President von der Leyen said the EU will add 32 Russian banks to a transaction-ban list, and include cryptocurrency firms and oil trading platforms. The EU will also adjust and freeze the oil price cap for one year to prevent Russia from profiting from market shocks.