Will the EU’s subsequent set of sanctions make a distinction to Russia? | DW Business

The European Union is contemplating a plan to impose a twelfth set of sanctions on Russia over its battle in Ukraine. As properly as the prevailing measures masking every thing from power to banking, the brand new plan would introduce more durable reporting necessities designed to crack down on the unlawful buy of Russian oil, which is now generally being traded above the 60-dollar-a-barrel cap. The new sanctions would additionally impose restrictions on purchases of Russian liquefied propane, and probably – a ban on Russian diamonds. That final proposal – to crack down on Russia’s diamond exports – would have an particularly huge affect on the Belgian metropolis of Antwerp, which has lengthy been on the heart of the worldwide diamond commerce. Video options evaluation from DW Correspondent Teri Schultz.

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