The European Union has approved its twenty-first package of economic sanctions against Russia, targeting the sectors with the greatest impact on the Russian economy and its ability to sustain the conflict in Ukraine.

The package affects 32 Russian banks, cryptocurrencies, oil platforms, and ships linked to the so-called shadow fleet, meaning vessels used to circumvent existing restrictions on hydrocarbon trade.

European Commission President Ursula von der Leyen stated that the sanctions continue to weaken the economic foundations of Moscow's war effort.

Ukrainian President Volodymyr Zelensky thanked the EU for the adoption of the new package of measures.