EU to Propose Russian Aluminum Ban in Sweeping Sanctions Package.

The European Union is considering a phased ban on Russian aluminum imports as part of a comprehensive sanctions package in response to the Kremlin's invasion of Ukraine. The proposed sanctions also include cutting off more banks from the SWIFT banking system and targeting dark-fleet vessels involved in shipping Russian oil. The EU imported about 320,000 tons of unwrought aluminum from Russia in the first 11 months of 2024, but there have been calls to ban Russian aluminum since the invasion of Ukraine. The package will require approval from all member states and could change before being formally proposed. [Extracted from the article]