Moscow was supposed to lose over a trillion euros. "Sanctions are working"

Commissioner Albuquerque announced that on November 16, foreign ministers of EU member states will approve new sanctions against Russia, targeting oil refineries and the shadow fleet used for oil transport. Since February 2022, the EU has coordinated sanctions with international partners, resulting in 21 packages affecting trade, energy, transport, finance, and media. The recent restrictions have increased the number of sanctioned individuals and entities to nearly 4,600, including over 690 shadow fleet units and more than 100 Russian banks. Albuquerque emphasized that sanctions have cost Russia over €1 trillion, which could have been used for war efforts. She noted Russia's hybrid actions aimed at weakening European unity, but the EU remains steadfast in supporting Ukraine. The EU leaders intend to maintain and expand economic pressure on Russia until a fair and lasting peace is achieved. Albuquerque reiterated the commitment to using sanctions to limit Russia's war capabilities and…