EU Imposes 17th Sanctions Package on Russia: Impact and Response Analyzed

The European Union recently implemented its 17th package of sanctions against Russia, targeting various sectors and entities. This action follows a pattern of escalating sanctions imposed by the EU and its allies in response to the ongoing conflict in Ukraine. The sanctions aim to further pressure the Russian economy and limit its ability to wage war. However, the effectiveness of these sanctions remains a subject of debate. The video highlights the EU's targeting of the so-called 'ghost fleet,' a network of Russian ships suspected of evading sanctions to transport oil and petroleum products. 189 ships in this fleet are now banned from docking at European ports. An interview with Alexandre Frolov, Deputy Director of the National Energy Institute, sheds light on Russia's capacity to adapt to the sanctions. He stated, "We can rely on the experience gained over the past five months, which shows one simple thing: those who predicted that even if some orders would not be fulfilled on time, logistics would be reorganized, and within one to three months we would all adapt to the sanctions, were right." Despite the EU's efforts, the lack of US support for this latest sanctions package raises questions about its potential impact. Furthermore, the Kremlin's spokesperson, Dmitri Peskov, dismissed the sanctions, stating, "It's pointless to try to scare us with these sanctions." This highlights the ongoing challenges faced by the international community in its attempts to pressure Russia to de-escalate the conflict in Ukraine. The sanctions also include measures against various Russian companies and individuals involved in supplying the Russian military with drones, weapons, and military equipment. The long-term effects of these sanctions and the overall impact on the conflict remain to be seen.