The sanctions will target banks and energy, and come amid pressure from Donald Trump for the bloc to phase out Russian oil

The European Union is expected to unveil the latest, 19th, package of sanctions against Russia today, which the commission president, Ursula von der Leyen, said would target crypto, banks, and energy, among others.

The EU is also reportedly looking at imposing sanctions on companies in China and India helping Russia’s oil trade , as reported previously by Bloomberg (£).