Event Brief
EU countries agree on Russia sanctions terms
Filed: Jul 23, 2026 at 4:08 AM ET
Summary: EU countries reached an agreement resolving a gas-shipping dispute and freezing the oil price cap for 12 months.
WHO: EU countries
WHAT: Agreed on terms for Russia sanctions, resolving a dispute over shipping Russian gas to third countries and freezing the bloc’s price cap on Russian crude oil for 12 months.
WHEN: Jul 23, 2026 at 3:33 AM ET
WHERE: European Union
WHY: Cause not yet established.
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