EU targets Russian energy with new sanctions — and welcomes Trump’s major policy shift

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Why This Matters

The European Union has imposed new sanctions on Russia, including a ban on Russian liquefied natural gas (LNG) imports, in response to ongoing tensions.

Market Context

The sanctions are likely to have a moderate negative impact on the global energy market, particularly on Russian energy companies, and may lead to increased volatility in energy commodity prices.

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Bearish
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Article Context

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The European Union's latest package of sanctions targeting Russia includes a ban on Russian liquefied natural gas (LNG) imports.

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Summary

The European Union has imposed new sanctions on Russia, including a ban on Russian liquefied natural gas (LNG) imports, in response to ongoing tensions.

Market Context

The sanctions are likely to have a moderate negative impact on the global energy market, particularly on Russian energy companies, and may lead to increased volatility in energy commodity prices.

Original article published by CNBC on October 23, 2025.
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