The EU also targeted the Nord Stream pipelines between Russia and Germany to prevent Putin from generating any revenue from them in future, notably by discouraging would-be investors. Russian energy giant Rosneft’s refinery in India was hit as well.

The European Union agreed to impose its toughest sanctions on Russia since its large-scale invasion of Ukraine, blocking attempts to revive the Nord Stream gas pipelines, lowering a price cap for Russian oil sales and hitting banks from third countries in a move that could exacerbate tensions with China.

By Kate Abnett and Enes Tunagur BRUSSELS, LONDON (Reuters) -Here are the details of the European Union's 18th sanctions package against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia's oil and energy industry.