The European Union on Thursday approved its 21st package of sanctions against Russia over the war in Ukraine, retaining the existing oil price cap for another year while expanding restrictions on banks, crypto firms and, for the first time, vessels linked to Moscow's "shadow fleet". European Commission president Ursula von der Leyen said the measures would "continue to weaken the economic foundations of Russia's war effort".

EU's 21st sanctions package targets 11 crypto platforms, nearly 90 Russian banks, and negotiates a $44.10 oil price cap freeze in escalating

EU ambassadors on Thursday reached a political agreement on a new round of sanctions against Russia over the Ukraine war, according to EU diplomats. The 21st sanctions…