10:38 - 9.09.2025

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September 9, Fineko/abc.az. France and Germany have proposed imposing sanctions on the Russian oil company LUKOIL and its subsidiary Litasco as part of the EU’s 19th sanctions package.

According to ABC.AZ, this was reported by Agence France-Presse, citing sources.

ABC.AZ reports citing Agence France-Press that the restrictions could affect refineries in third countries that export Russian oil to the EU, as well as trading companies dealing with it. France and Germany are also calling for tougher sanctions on banks and cryptocurrency exchanges in Central Asia.

EU officials noted that discussions on the sanctions are at an early stage. On September 4, U.S. President Donald Trump discussed new restrictions with European leaders. After the meeting, French President Emmanuel Macron stated that the U.S. and Europe could impose “additional sanctions” if Russia refuses to engage in peace negotiations.