<h1>Oil price cap and targeted sanctions on Russian energy and finance to restrict war-funding and close export loopholes.</h1> The EU and UK adopted sanctions designed to limit Russia's war financing by imposing a price cap on crude exports, banning imports to close export-route loopholes, discouraging investment in major pipelines, sanctioning foreign-linked refinery assets, and expanding banking restrictions; concurrently the UK targeted units and officers of a Russian military intelligence service with travel and asset measures, and maritime bans were extended to vessels in a sanction busting tanker fleet.