U.S. and EU Impose Sanctions on Russia
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The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry. Russian President Vladimir Putin called Washington's move an “unfriendly act” that could backfire by spiking global oil prices.
EU leaders agreed to help support Ukraine's "financial needs" for the next two years on Thursday night - but stopped short of releasing billions of euros in frozen Russian cash to help fund the country's defence.