Updated

EU foreign ministers are expected to approve new sanctions on 16 November targeting Russian oil refiners and shadow fleet networks. Ukrainska Pravda, citing European Pravda, reported that European Commissioner Maria Luís Albuquerque, speaking in the European Parliament on 12 November, said the package would list Russian oil refining businesses and structures tied to the shadow fleet. She said the EU had already listed over 690 shadow fleet vessels, denying them access to EU ports and services, and had imposed transaction bans on over 100 Russian banks. She said sanctions had cost Russia more than 1 trillion euros that it could otherwise have spent on the war. French Minister for European Affairs Benjamin Haddad said the EU would restrict 50 banks operating in Russia on Monday, most of which France had proposed. On 11 November, EU ambassadors preliminarily agreed to add 145 individuals and entities to the Russia sanctions lists. Albuquerque said a 22nd sanctions package is being prepared by the European External Action Service and the European Commission, and that the EU will coordinate with G7 partners to make restrictions more effective and counter circumvention. European Pravda's EU sources said the 22nd package would be ready by the end of November. The measures have not yet been formally adopted.