Norway implements new sanctions targeting Russia's energy, finance and crypto sectors
Norway's latest sanction package against Russia takes effect on Wednesday, covering energy, finance and cryptocurrency industries and tightening measures on the shadow fleet.
The government announced that the new sanctions, approved politically in August, will be enforced on Wednesday. They expand restrictions on Russia's energy, financial and crypto sectors and introduce stricter actions against the shadow fleet. Additional import and export controls are also part of the package, aligning Norway with the EU's 21st sanction round.
Why it matters
The sanctions tighten economic pressure on Russia and align Norway with EU policy.
In this story
sanctionsenergy sectorfinancial sectorcryptocurrencyshadow fleetimport restrictionsexport restrictionsEU 21st sanction package
