EU reaches preliminary deal on new Russian sanctions via ForexLive

An EU source on Reuters says the EU are nearly ready to impose new economic sanctions on Russia.

Sanctions to include oil sector, dual use goods and sensitive technology and will be reviewed after three months.

Additional details out on Bloomers now;

• EU to curb state owned Russian banks access to capital markets
• Restrict export of equipment for oil production
• Will curb dual use machinery and electronics

posted via ForexLive