Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Anadolu: Erdogan issues presidential decree to freeze assets of dozens of Iranian entities linked to Iran’s nuclear program
Two killed in Manchester synagogue attack: UK police
Global Sumud Flotilla: We call for immediate international intervention to ensure the safety of the fleet's volunteers and secure their prompt release
Global Sumud Flotilla: More than 443 volunteers from 47 countries are being illegally detained after the fleet was seized by "Israel"
Global Sumud Flotilla: Israeli occupation forces intercepted the peaceful convoy’s ships in international waters and abducted hundreds of volunteers
Madi to Al Mayadeen: Preparations are underway to organize protests in Swiss cities in solidarity with the Sumud Flotilla
Spokeswoman for the Swiss ship of the Sumud Flotilla, Rania Madi, to Al Mayadeen: Six Swiss ships participating in the fleet confirmed they came under an Israeli attack
Media platforms: The navigational data of the Mikeno ship show it entering Gaza’s territorial waters, now just 9 nautical miles from the enclave
The first ship has reached Gaza’s territorial waters despite Israeli attempts to intercept it
The Omar Al-Mukhtar ship of the Global Sumud Flotilla is currently facing communication jamming, and the occupation’s military boats are approaching it. Contact with the vessel has been cut off.

France, Germany urge EU to sanction Russian oil giants in new package

  • By Al Mayadeen English
  • Source: Bloomberg
  • 9 Sep 2025 18:45
3 Min Read

France and Germany are urging the EU to target major Russian oil companies in its 19th sanctions package, though analysts warn enforcement gaps limit their impact.

Listen
  • x
  • The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project in the port of Prigorodnoye, Russia, on Friday, Oct. 29, 2021. (AP)
    The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project in the port of Prigorodnoye, Russia, on Friday, Oct. 29, 2021 (AP)

Bloomberg on Tuesday reported that France and Germany have called on the European Union to add major Russian oil firms to the bloc's upcoming sanctions list, according to documents it reviewed.

"Additional steps should be considered, in particular listing oil majors such as Lukoil or Litasco, in order to put maximum pressure on Moscow's capacity to export its oil," the joint proposal from Paris and Berlin stated.

The measures are under discussion as part of the EU's 19th sanctions package, which also targets Russian banks and the country's energy trade. Both governments declined to comment when contacted by Bloomberg.

Approval from all 27 EU states is required for new sanctions to move forward. Past efforts to penalize Russia's energy industry have met resistance from several countries, including Hungary.

The draft package also looks to tighten restrictions on Russia's "shadow fleet" of vessels used to transport oil, as well as on intermediaries in third countries who facilitate the trade. EU officials are in Washington this week to coordinate potential joint steps with US counterparts.

Washington has also been weighing penalties against Moscow's covert tanker fleet and major energy firms, including Rosneft PJSC and Lukoil PJSC. Any US move, however, would require approval from President Donald Trump, who has so far avoided direct sanctions on Russia despite repeated deadlines and continued reluctance by President Vladimir Putin to engage in negotiations. Trump has instead raised tariffs on Indian imports to 50% in response to New Delhi's continued purchase of Russian crude.

Germany and France also urged Brussels to crack down on financial and logistical networks that allow Russia to evade restrictions. Some EU capitals want to expand measures to civilian firms that indirectly support Russia's defense sector.

Sanctions Pressure Plateau

Yet the push for tighter sanctions comes as the bloc continues to manage the fallout from earlier rounds. EU governments have committed more than €540 billion to shield households and businesses from surging energy bills, while euro-area inflation peaked at 10.6% in late 2022 before easing.

Russia's share of EU pipeline gas imports has fallen from nearly 50% in 2021 to around 12% in 2025, but the shift left Europe more reliant on costly LNG, with the United States now supplying over half of EU imports.

Energy-intensive industries, particularly in Germany, saw sharp contractions; gas-dependent sectors fell about 20% below pre-war levels at the height of the crisis.

Observers warn that unless enforcement improves, further sanctions may risk compounding Europe's own economic challenges while Russia continues to adapt.

The European Commission is expected to present the formal proposal in the coming days.

Read more: Russia plans new Balkan gas supply routes sidestepping Ukraine

  • oil majors
  • EU sanctions
  • Russia
  • Germany
  • France
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Last photo showing Martyr Sayyed Hassan Nasrallah and Martyr Hajj Hassan in a Resistance operations room, Beirut's southern suburb, Lebanon, days before their martyrdom (Al Mayadeen)

In heart of battle: Al Mayadeen shares last photo of Sayyed Nasrallah

  • Politics
  • 27 Sep 2025
Hamas fighters stand in formation ahead of a ceremony to hand over Israeli captives to the Red Cross in Nuseirat, Gaza Strip, Feb. 22, 2025. (AP)

Hamas reviews Trump’s Gaza ceasefire plan as PIJ rejects

  • Palestine
  • 30 Sep 2025
Iraq at a crossroads: A new war front?

Iraq at a crossroads: A new war front?

  • West Asia
  • 30 Sep 2025
Trump’s 21-point Gaza plan vs Netanyahu’s demand for Hamas defeat

Trump vows 'something special' in ME; Israeli delegation in chaos

  • US & Canada
  • 28 Sep 2025

Coverage

All
War on Gaza

Read Next

All
From inside the ship Alma of the Global Resilience Fleet (social media)
Politics

Israeli occupation regime navy raid Gaza Flotilla's Alma, Sirius ships

Ali Larijani, secretary of Iran's Supreme National Security Council, attends a ceremony at Hezbollah leader Sayyed Hassan Nasrallah's grave in Beirut, Lebanon, Saturday, September 27, 2025 (AP)
Politics

Larijani: Europe mistaken to expect concessions from Iran

Al-Quds Brigades strike a command and control center north of Khan Younis, southern Gaza Strip, in an undated screengrab from the al-Quds Brigades military media
Politics

Gaza resistance announces major operations against Israeli forces

Smoke rises following an Israeli military strike in Gaza City, as seen from the central Gaza Strip, Wednesday, October 1, 2025. (AP Photo/Jehad Alshrafi)
Politics

Gaza death toll rises to 66,148 as 'Israel' closes Al-Rasheed street

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS