Brussels Aims at Russian LNG and Aluminum

The Russian invasion of Ukraine may finally become significantly costly for Vladimir Putin’s regime. Over the last 24 hours, reports have emerged that the European Union (EU) is taking stronger steps against Russia. While Western sanctions have targeted Russia's economy and military production, loopholes have allowed Moscow to largely circumvent them. In 2024, Russia’s hydrocarbon and metals export revenues hit record levels, including increased Russian LNG flows to the EU. Although Russia’s gas pipeline volumes to Europe have…