12. August 2025|
AI
|4 months agoSwitzerland Implements New Russian Oil Sanctions
Swiss authorities align with EU's 18th sanctions package against Russia, targeting oil trade and phantom fleet operations with expanded restrictions.
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Generated IllustrationKey Takeaways
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- Switzerland has aligned with EU's 18th sanctions package against Russia
- 14 individuals and 41 companies are newly subject to sanctions
- 105 vessels are now subject to extensive trading bans
- Russian crude oil price cap lowered to $47.60
By The Numbers
14
New individuals sanctioned
41
New companies and entities sanctioned
105
Vessels subject to new restrictions
$47.60
New price cap for Russian crude oil
They Said
"The measures are aimed at Russia's oil windfall"
1
Switzerland Aligns with EU Sanctions
2
Scope of New Sanctions
3
Maritime Restrictions
4
Economic Impact
5