The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on Thursday.

The European Union is proposing a phased ban on imports of Russian aluminum as part of a broad sanctions package ahead of the third anniversary of the Kremlin’s invasion of Ukraine, according to people familiar with the matter.

The European Commission has proposed Russian primary aluminium imports be included in its 16th package of sanctions on Russia over its invasion of Ukraine, the proposal document seen by Reuters showed.

The European Union is considering a ban on Russian aluminum imports, along with other sanctions, but faces growing opposition from some member states.

In its latest round of sanctions, the European Union (EU) is proposing to introduce a phased ban of Russian aluminium, Bloomberg reported on Jan. 28 citing unnamed sources. The bloc, which covers 8% of its annual aluminium needs by Russian imports,

The European Union is preparing a broad sanctions package ahead of the third anniversary of Russia's invasion of Ukraine. The 16th package will target banks, aluminum, and shadow fleet vessels, Bloomberg reports.

The European Union is proposing a gradual ban on imports of Russian aluminium as part of a large-scale package of sanctions ahead of the third anniversary of the Kremlin's full-scale invasion of Ukraine.