The European Union is targeting Russia with more sanctions over its war on Ukraine. The aim is to deprive Moscow of energy revenue through a lower oil price cap and a ban on transactions with Nord Stream gas pipelines.

The E.U. approved plans to lower a price cap on Russian oil and ban transactions with 22 more Russian banks, pressing ahead with sanctions without the U.S.

Senate Majority Leader John Thune says Republicans will vote on a Russia sanctions bill once Trump approves it, as pressure mounts on Moscow to negotiate peace in Ukraine.

KYIV, Ukraine — Russian President Vladimir Putin is “not ready for compromises” to end his brutal war, Ukrainian President Volodymyr Zelensky told The Post in an exclusive interview on Wednesday — but President Trump has the power to bring him to his knees by speeding up tough sanctions that could cause a “social explosion” in Russia.

Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its war in Ukraine.

A number of Russian spies have been sanctioned for conducting a "sustained campaign of malicious cyber activity" including in the UK, the Foreign Office has said. Three military intelligence units from Russia's GRU espionage agency and 18 officers have had sanctions placed on them for "spreading chaos and disorder on [Russian President Vladimir] Putin's orders".

Slovakia accepted guarantees from the European Union’s executive arm to limit the fallout from a planned cutoff of Russian gas supplies and, in exchange, will lift its veto on the bloc’s 18th sanctions package against Moscow.

U.S. President Donald Trump's threat to choke off Russia’s oil revenue via secondary sanctions would deal a hammer blow to Moscow's finances, but markets are betting that the risk of higher energy prices will keep Washington from following through.