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 approved a new series of sanctions against Russia on Friday in response to its ongoing war in Ukraine. The measures include a lower oil price cap, a ban on transactions involving the Nord Stream gas pipelines,

Two rounds of talks between Ukraine and Russia in Turkey this year yielded an agreement to exchange prisoners and soldiers' remains. But no date has yet been set for a new round of talks and both sides remain far apart on the terms of any ceasefire.