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IPFS News Link • Sanctions

Why The West Is Easing Its Sanctions On Russia

• by Irina Slav

The EU has already added exemptions to its sanctions to reduce disruptions to essential goods, while the U.S. is now pushing an oil price cap instead of an embargo.

More recently, it seems that the UK is increasingly hesitant about joining the oil insurance ban despite its significant market share in the industry.

If you ask a random EU official if the bloc should continue trying to punish Russia for its invasion of Ukraine, you will invariably get a positive answer. 

The sanction potential is reaching its end, but this is no reason for the EU to relieve the pressure, that official will say, as many have in conversations with the media.

And yet, the EU has quietly begun to unwind its sanctions against Moscow.