EU sees the opportunity to prepare another round of sanctions against Russia, with Putin's shadow fleet facing fresh EU sanctions blitz, while banks, military companies and firms selling stolen Ukrainian grain also face penalties, according to POLITICO
Context
The EU's preparation for another sanctions round against Russia highlights escalating tensions in response to ongoing conflicts. This development could impact currency flows, particularly the EUR and USD, as markets adjust to potential geopolitical risks and disruptions in commodities, notably energy and agricultural markets.
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