The growth has been driven by Europe’s embargo on seaborne imports of Russian crude and refined products and the G7/EU price-cap regime introduced in late| https://eutoday.net
Background Article 8a of Council Regulation (EU) 833/2014 (the “EU Russia Regulations”) imposes obligations on EU parents to undertake “best efforts” to ensure that activities conducted by their non-EU subsidiaries do not undermine EU sanctions targeting Russia and Belarus. This requirement, which was introduced in June 2024, raises complex questions about the scope of EU [...] The post EU Commission issues new guidance on “best efforts” obligations appeared first on Global Sancti...| Global Sanctions and Export Controls Blog
Background The European Union continues to expand its sanctions regime against Russia and Belarus. The latest – the 18th – EU Russia/Belarus sanctions package was published on 19 July 2025, and included a range of additional sanctions, mainly targeting the Russian energy, banking and military industries, but also individuals and the Russian shadow fleet (see [...] The post EU Commission calls on Member states to transpose Directive setting minimum criminalisation standards for sanctions v...| Global Sanctions and Export Controls Blog
