The European Union has agreed to impose a new round of sanctions against Russia, following chaotic negotiations that threatened to put the entire package at risk.
Greece, whose veto had until now prevented a deal, secured an exemption to continue shipping Russian LNG to non-EU clients for the foreseeable future.
It marks the 21st sanctions package since February 2022.
The agreement, reached on Thursday by ambassadors, is considerably watered down and raises serious questions about the influence of national economic interests in the yearslong campaign to cripple Moscow's ability to finance the invasion of Ukraine.
Still, the bloc managed to avert a politically disastrous revision of the price cap on Russian oil, which, under a formula introduced before the conflict in the Middle East, was expected to jump from $44 to $58 per barrel.
