The E.U. approved plans to lower a price cap on Russian oil and ban transactions with 22 more Russian banks, pressing ahead with sanctions without the U.S.

A number of Russian spies have been sanctioned for conducting a "sustained campaign of malicious cyber activity" including in the UK, the Foreign Office has said. Three military intelligence units from Russia's GRU espionage agency and 18 officers have had sanctions placed on them for "spreading chaos and disorder on [Russian President Vladimir] Putin's orders".

The European Union is targeting Russia with more sanctions over its war on Ukraine. The aim is to deprive Moscow of energy revenue through a lower oil price cap and a ban on transactions with Nord Stream gas pipelines.

Snapback” sanctions will be triggered by the end of August if Tehran fails to make concrete progress to limit its nuclear program.

Europe will not back down in its support for Ukraine. The EU will keep raising the pressure until Russia ends its war,” EU foreign policy chief Kaja Kallas said in a statement.

The UK government sanctioned 18 people it named as spies from Russia’s GRU military intelligence agency who it said were responsible for conducting cyber and hybrid warfare operations against Britain and Ukraine.

Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its war in Ukraine.

Britain’s foreign ministry said it sanctioned 18 officers working for Russian military intelligence, known as the GRU, along with three units. It said the officers were also accused of targeting the family of a former Russian spy who was later poisoned in the U.