European Union leaders have agreed to some oil being included in further Russia sanctions

European Union leaders met on Monday 30 May 2022 to discuss another set of sanctions targetting Russia.

Tweets from Charles Michel, President of the European Council:

This is concrete action from the EU. Reuters headlining that 90% of Russian oil imports will be banned by the end of this year.

Also 'de-SWIFTing Russia's largest bank (i.e removing from the SWIFT international settlements system - another big move ... although I think 'de-Swifting' might be seen as a crime against the language as time goes by!)