The European Union agreed on July 23, 2026, to its 21st sanctions package since Russia's 2022 invasion, locking the global crude oil price cap at $44 per barrel for the next 12 months and expanding restrictions on energy, financial services, crypto, and trade. Greece received an exemption for shipping Russian liquefied natural gas from the Arctic, while a proposed visa ban on Russian combatants was deferred. The package also blacklists additional Russian officials.