UK Imposes Sanctions on Russia's Gold, Oil Sectors; EU Plans 12th Package of Sanctions, Including Diamond Ban, EU High Representative Borrell, Nov. 13, Nov. 9

The UK has imposed sanctions on 29 individuals and entities involved in Russia's gold, oil, and strategic sectors. The EU is set to introduce its 12th package of sanctions against Russia, including a ban on Russian diamonds. The European Parliament has expressed dissatisfaction with the existing sanctions, stating they are not tough enough and are under-enforced. The EU is finalizing the details of the proposed 12th package of sanctions, which will include a diamond ban.