FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium 29 April 2026;
Credit: Reuters/Yves Herman/File Photo
BRUSSELS (Reuters) - EU ambassadors have reached a political agreement on the 21st sanctions package against Russia, four EU diplomats said on Thursday 23 July 2026.
Two EU diplomats said the package includes a twelve-month freeze on the Russian oil price cap, as well as a one-year exemption allowing the transfer of Russian liquefied natural gas (LNG) to third countries, with automatic renewal.
"Member states showed solidarity with Greece and it's expected that Greece will do the same with others in the future," one EU diplomat said.
The technical work on the sanctions package will now be concluded and a written procedure for adoption will be launched on Thursday afternoon.
