Energy Markets
Von der Leyen: EU preparing new sanctions to increase pressure against Russia
Ursula von der Leyen, President of the EU Commission, said that the European Union was working on a package of new sanctions to increase pressure against Russian President Vladimir Putin regarding his war in Ukraine. Under pressure from U.S. president Donald Trump, the European Political Community Summit (which includes non-EU nations) convened in Tirana, Albania's capital, while Russian and Ukrainian negotiators gathered in Istanbul to hold their first direct talks on peace in over three years. The EU has adopted 17 sanctions against Russia, the latest this week. Diplomats report that it is becoming increasingly difficult to achieve the required...