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72GEOPOLITICS

EU extends Russia sanctions by only one week amid internal disagreement

⚡ Markets: Signals potential fractures in EU unity on sanctions against Russia. Any significant weakening of the sanctions regime could be perceived as a de-escalation, potentially impacting European energy prices and Russian assets.EURUSDEU natgas

European Union envoys agreed to extend one of the bloc's sanctions regimes against Russia for only seven days, instead of the usual six months. The short extension is intended to allow more time to resolve internal disagreements among member states over the scope of the restrictions.

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