EU Council extends individual Russia sanctions for 36 months, keeping asset freezes and visa bans in force
On 22 September 2026 the Council of the European Union adopted a decision to extend individual sanctions (travel bans, asset freezes and related restrictive measures) on more than 3,000 Russian individuals and entities for a further 36 months, while removing a small number of listings as part of the review.
The desk brief
On 22 September 2026 the Council of the European Union adopted a decision to extend individual sanctions (travel bans, asset freezes and related restrictive measures) on more than 3,000 Russian individuals and entities for a further 36 months, while removing a small number of listings as part of the review.
Sustained EU individual sanctions and associated asset-freeze measures can prolong correspondent-banking constraints and commodity-flow frictions that matter for African commodity exporters and importers. That can keep long-dated Eurobond risk premia elevated for oil- and gas-exporting issuers (Angola, Nigeria, Mozambique, Egypt) and tighten FX funding conditions for import-dependent economies, all else equal.
Member-state implementation guidance or EU secondary-measures publications and any banking/correspondent restrictions affecting commodity trade flows.
Sources & verification
Developing storyFurther independent confirmation is required.
- EU extends Russia sanctions for three years but removes oligarchs Fridman and Usmanov from listpravda.com.uaSource published (opens in a new tab)
- EU Reportedly Set To Remove Sanctions On Russian Oligarchs Fridman And Usmanovrferl.orgSource published (opens in a new tab)
Public references supporting this brief.