13,744.64 TRY BIST 100 BIST 100
53.21 EUR EUR EUR
46.33 USD USD USD
6.89 CNY CNY CNY
53.21 EUR EUR EUR
46.33 USD USD USD
6.89 CNY CNY CNY
1.00 CNY CNY/CNY CNY/CNY
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
99.41 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

EU prepares trade sanctions against Russia

The European Union (EU) Commission aims to mobilize the 11th sanctions package against Russia. There are statements by the Commission that the new sanctions package is aimed at exports to Russia.

EU prepares trade sanctions against Russia

European Commission spokesperson Eric Mamer made statements about preparations for a new package of sanctions against Russia at the daily press conference held in Brussels.

Mamer confirmed that "I can confirm that the 11th sanction package proposal of the EU Commission has been sent to member states," and noted that member states would evaluate the content of the package at this stage.

Mamer emphasized that they would focus on the implementation, effectiveness, and prevention of violation of sanctions in this new package, indicating that he could not share details about the new sanction package yet.

Stating that "the package will look at exports to Russia and how to handle them," Mamer expressed that they wanted to prevent Russia from importing restricted goods from other countries.

Mamer said that the new sanction package was expected to be discussed in the Permanent Representatives Committee (COREPER) of the EU Council by member states on Wednesday.

According to the European press, the new sanction package proposal of the EU also includes seven Chinese companies accused of supplying equipment that can be used for military purposes to Russia.

So far, the EU has implemented ten sanction packages against Russia. Within this framework, restrictions were applied to a wide range of areas, including trade, finance, energy, industry, technology, transportation, dual-use and luxury goods, and gold, including oil and coal. The assets of over 1,000 individuals and nearly 200 institutions were frozen.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Industrial production index increased on both a monthly and annual basis in April

Monday, June 15, 2026

TÜİK announces May inflation data

Friday, June 5, 2026

U.S. plans new tariff measures on imports from 60 countries

Wednesday, June 3, 2026

Germany’s manufacturing sector came to a near standstill in May

Tuesday, June 2, 2026

White goods sales saw a limited decline in april, while production growth stood out

Saturday, May 23, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now