EU slaps sanctions on top Russia officials, banks, trade

The European Union agreed Saturday to impose new sanctions on Russia over its invasion of Ukraine targeting more officials and organizations accused of supporting the war, spreading propaganda or supplying drones, as well as restricting trade on products that could be used by the armed forces.
The EU’s Swedish presidency said the sanctions “are directed at military and political decision-makers, companies supporting or working within the Russian military industry, and commanders in the Wagner Group. Transactions with some of Russia’s largest banks are also prohibited.”
Asset freezes were slapped on three more Russian banks and seven Iranian “entities” – companies, agencies, political parties or other organizations – that manufacture military drones, which the EU suspects have been used by Russia during the war.