EU's von der Leyen says not the moment to relax sanctions against Russia and along with EU's Costa, both reaffirmed that immediate priority is to keep energy flows moving, especially through Strait of Hormuz

EU's von der Leyen says not the moment to relax sanctions against Russia and along with EU's Costa, both reaffirmed that immediate priority is to keep energy flows moving, especially through Strait of Hormuz.

This statement from EU leaders underscores a commitment to maintaining sanctions against Russia, reflecting a continued geopolitical stance amid ongoing tensions. It also highlights the strategic importance of stable energy flows, particularly through critical chokepoints like the Strait of Hormuz, which could have implications for global energy prices and supply dynamics. Traders should monitor how these factors influence risk sentiment and energy markets moving forward.