European Commission President Ursula von der Leyen discusses imposing new sanctions against Russia during a plenary session at the European Parliament in Strasbourg, France, on May 4, 2022.
(PATRICK HERTZOG/AFP via Getty Images)
EU foreign policy chief Josep Borrell said the European Union aims to approve the latest round of sanctions against Russia during the bloc's next Foreign Affairs Council meetings, which are scheduled for May 10 and May 16. But according to Politico, the new measures could be approved even sooner -- potentially as early as May 6. As EU member states discuss, approve and ultimately implement the sanctions targeting Russia's oil sector, there are several key things to watch for in the coming months in order to gauge the embargo's overall impact. ...