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Norway bars deals with 33 more Russian financial institutions—and 22 more from India to Nigeria

21 October 2026 at 15:37

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Norway has put into force a new round of sanctions against Russia that hits banks, listed oil refineries, ports, airports, and suppliers of Russia’s military industry, the Norwegian Foreign Ministry announced. The rules mirror the EU’s 21st sanctions package, which Brussels adopted in July.

The EU’s 22nd package, adopted on 12 October, is principally a list of names, while the 21st brought significant new measures, lawyers noted. Among them are new tools against the shadow fleet, the tankers with murky ownership that Russia uses to move oil around sanctions. That fleet also sails along Norway’s coast, and a new Norwegian Coastal Administration report found that it poses a growing threat to security and the environment there.

Banks, refineries, and Sheremetyevo

Norway is not an EU member, but it has joined every EU sanctions package against Russia, with a few exceptions and national adjustments. Oslo backed this one politically on 11 August, and the rules took effect on 21 October. Part of the package was already in force. It placed travel restrictions and asset freezes on 48 people and asset freezes on 168 entities, and it listed 41 shadow fleet vessels on 14 August.

Norway’s transaction ban now covers 33 more Russian credit and financial institutions. A separate ban covers 22 more abroad, including in India, Mongolia, Nigeria, and the UAE.

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Norway sends 69 Russians home without their ship, held for Ukraine

Another transaction ban reaches listed refineries in Russia and third countries that process Russian oil or help dodge sanctions. A Georgian refinery joins that list on 25 January 2027. The same ban adds two Russian ports and four Russian airports, including Moscow’s Sheremetyevo.

Drone gear and the shadow fleet

Export curbs on dual-use goods now cover 51 new entities that back Russia’s military industry. Some are in China, including Hong Kong, and others are in India, Kazakhstan, Kyrgyzstan, Türkiye, and the UAE. The banned-exports list adds nickel and beryllium powder, along with drone gear such as jamming and interception systems, launchers, and servo motors.

Oslo can now also list ships that service sanctioned shadow fleet tankers or swap cargo with them at sea. Elsewhere in Europe, France’s navy and UK forces have boarded sanctioned shadow fleet tankers this year.

Frozen assets, embargoes, entry bans: Ukraine names the pressure it wants the EU to put on Moscow

13 October 2026 at 17:20

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Ukraine wants the EU to force Moscow into a ceasefire with frozen Russian assets, trade and transit embargoes, maritime bans, and entry bans, Ukrainian Foreign Minister Andrii Sybiha wrote on X after the EU Foreign Affairs Council in Luxembourg on 12 October 2026. He also welcomed new EU sanctions listings adopted that day and progress in Ukraine’s EU accession talks.

Kyiv has spent this month laying out truce formats it would accept while awaiting Russia’s position on talks, and the levers it is pressing the EU to use include frozen Russian assets that EU leaders failed to agree on tapping last December.

The pressure Kyiv wants from the EU

Sybiha called it “devastating pressure.” He also wants Russian combatants and their families barred from the EU, maximum visa restrictions, and Russia’s isolation in culture and sports.

I was pleased to attend the EU Foreign Affairs Council today.

It is time for Europe to define its strong role. Our future and our security are in our hands.

Now is the time for real European pressure on Moscow. Not half-measures, but devastating pressure: frozen assets, trade… pic.twitter.com/AnI8h6HXbs

— Andrii Sybiha 🇺🇦 (@andrii_sybiha) October 12, 2026

His post named three types of ceasefire—energy, food security, and a full ceasefire—without saying whether Kyiv would accept them separately. Earlier this month, he told journalists Ukraine was ready for an energy and Black Sea ceasefire “but only in such a combination.”

New sanctions listings and two more accession clusters

The minister welcomed the EU’s 12 October adoption of new sanctions listings against Russia—the largest single expansion of the bloc’s blacklist. EU ambassadors agreed on the 1,646 names on 7 October. They include 1,569 tied to Russia’s military industry and 77 to its so-called State Duma elections. The listings are separate from the EU’s 22nd sanctions package, which the EU has yet to adopt.

He also welcomed the EU’s “green light” for opening two more clusters in Ukraine’s EU accession talks: Internal Market, and Competitiveness and Inclusive Growth. The formal opening was scheduled for an intergovernmental conference on 13 October.

Front-line briefing and aid requests

Sybiha said he briefed European colleagues on the front-line situation, Russia’s plans, and ways to deprive it of its advantages, and that he passed partners specific requests for aid. He reaffirmed Ukraine’s commitment to reforms.

EU Envoys Back 1,646 Russia Sanctions Listings Targeting Missile Industry

8 October 2026 at 04:01

European Union ambassadors have approved 1,646 new sanctions designations against individuals and organisations linked to Russia, with more than half of the additions targeting the industrial chain behind ballistic missiles including the Iskander-M.

European Union ambassadors have agreed a major expansion of sanctions against Russia, approving 1,646 new designations concentrated heavily on the country’s military-industrial complex and the production of ballistic missiles used against Ukraine.

The measures, agreed by EU envoys in Brussels on Wednesday, 7th October, are due to be formally adopted by foreign ministers on Monday. More than half of those being added to the sanctions regime are involved in the production chain for Russian ballistic missiles, including the 9M723 missile used by the Iskander-M system, according to details of the agreed listings.

The additions extend well beyond companies assembling finished weapons. They include organisations involved in missile research and testing, manufacturers of solid rocket fuel and rocket engines, and producers of specialised textiles, synthetic fibres and carbon materials used in missile systems.

Drone manufacturers and shipyards servicing Russian submarines are also among those targeted.

The emphasis on individual components and suppliers reflects the EU’s increasingly detailed approach to sanctions against Russia’s defence industry. Rather than concentrating only on large defence groups, Brussels has progressively moved further down supply chains in an attempt to restrict access to specialised materials, technology and production capacity.

EU Today has previously reported on the continuing disputes surrounding the bloc’s Russia sanctions regime, including negotiations over individual listings and the requirement for member states to maintain agreement on restrictive measures.

The latest action comes as Russia has intensified ballistic missile strikes against Ukraine. The Iskander-M presents a particular problem for Ukrainian air defences because the ballistic missile can be intercepted by US-produced Patriot systems, stocks of whose interceptors have come under increasing pressure.

The new EU list also includes 77 Russian politicians who stood for parliamentary seats in territories of Ukraine occupied by Russia. Their inclusion extends the sanctions response from military production to Moscow’s efforts to incorporate occupied Ukrainian regions into Russian political structures.

Brussels has also moved against North Korean participation in Russia’s war effort. Seven North Korean individuals and entities are being added under the EU’s separate sanctions regime concerning North Korea.

Military ties between Moscow and Pyongyang have expanded considerably during the war. Ukrainian authorities have identified North Korean ballistic missiles used by Russian forces, while North Korea has supplied ammunition and other military support to Moscow.

The Council has already widened sanctions linked to Russia and North Korea in other areas. In September, EU Today reported that Russian and North Korean organisations had been sanctioned over programmes involving Ukrainian children transferred from occupied territories.

The 1,646 additions do not in themselves constitute an entirely new package of sectoral restrictions. They are individual and entity designations within the existing EU sanctions architecture, meaning that assets in the EU can be frozen and EU persons and companies are prohibited from making funds or economic resources available to those listed.

Their scale is nonetheless significant. By placing the missile-production chain at the centre of the new designations, the EU is attempting to connect its sanctions policy more directly with the weapons Russia is currently using against Ukrainian cities and infrastructure.

Formal adoption by foreign ministers on Monday will complete the legal process.

Ukraine to Seek Return of Usmanov and Fridman to EU Sanctions List

1 October 2026 at 22:33

Ukraine will seek to have Russian businessmen Alisher Usmanov and Mikhail Fridman restored to European sanctions lists after the EU removed both men as part of an agreement that secured a three-year renewal of its wider individual sanctions regime against Russia.

Ukraine is preparing a new sanctions initiative targeting more than 20 Russian businessmen and intends to press for Alisher Usmanov and Mikhail Fridman to be placed back under restrictions, Foreign Minister Andrii Sybiha said on Thursday.

Sybiha, speaking to journalists in Kyiv on 1 October, said the Ukrainian government regarded the European Union’s decision to remove the two men from its sanctions list as unacceptable and had tried to prevent it through both public and diplomatic channels.

“Our response will be asymmetric. You removed two oligarchs, and we will add another twenty,” Sybiha said.

He said Kyiv had prepared a list containing more than 20 Russian businessmen for possible sanctions and was also working to restore restrictions against Usmanov and Fridman.

The minister did not specify which EU legal mechanism Kyiv expects to use. Ukraine cannot itself add individuals to the bloc’s restrictive-measures list, meaning any renewed designation would require action by EU member states.

The EU formally removed Usmanov and Fridman from its sanctions list on 22 September. Council Implementing Regulation (EU) 2026/2160 deleted the entries for Usmanov, Fridman and Russian businessman Andrey Falaleev, as well as Redbird Corporate Services Ltd.

At the same time, EU governments extended the remaining individual sanctions for another 36 months, until 22 September 2029. The regime covers more than 3,000 individuals and entities and provides for asset freezes, travel restrictions and a prohibition on EU citizens and companies making funds or economic resources available to those listed.

The agreement marked a significant change to the previous system under which individual sanctions were renewed every six months.

The fate of Usmanov and Fridman had become one of the principal points of dispute during negotiations. EU Today reported before the decision that Latvia opposed a compromise involving their removal while supporting a longer renewal period for the wider sanctions regime.

The eventual agreement nevertheless resulted in both men being removed. EU Today reported on 22 September that the Council had approved the three-year extension alongside their delisting.

Kyiv is now seeking to compensate for that decision through national sanctions regimes while pursuing their possible return to the EU list.

Sybiha said President Volodymyr Zelenskyy had approved the Ukrainian approach and that Kyiv was working with partner governments to ensure that restrictions against Usmanov and Fridman remained in force outside the EU framework.

According to the foreign minister, Canada has indicated that it intends to retain its restrictions. Sybiha also pointed to Britain, Japan and Australia as jurisdictions where sanctions remain in place and said Ukraine would seek similar measures elsewhere.

Britain continues to maintain a separate national Russia sanctions regime. The UK government’s current Russia sanctions framework records designations, amendments and removals independently of decisions made by the European Union.

Several EU member states have meanwhile taken or begun preparing national measures following the September decision.

Estonia moved immediately after the EU agreement. Foreign Minister Margus Tsahkna signed national sanctions against Usmanov and Fridman on 23 September, saying Tallinn had opposed their removal from the EU list.

Lithuania has also begun using national legislation. Foreign Minister Kęstutis Budrys asked for both businessmen to be placed on Lithuania’s national entry-ban list for five years. The Lithuanian Foreign Ministry said it was also preparing legal measures that would allow the freezing of their funds and economic resources.

The dispute has exposed one of the structural features of EU sanctions policy: decisions on restrictive measures require agreement among member states, allowing individual listings to become part of wider negotiations over the continuation of an entire sanctions regime.

Moving from six-month to three-year renewals reduces the frequency with which the broader Russia sanctions list has to return to the negotiating table.

It does not, however, prevent individual names from being added again during that period. Kyiv’s new initiative is therefore likely to focus both on persuading individual governments to introduce national restrictions and on building sufficient support inside the EU for Usmanov and Fridman to be designated again.

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