German Economy Minister Robert Habeck said that preventing third countries from re-supplying EU products to Russia "will not contribute to accelerating victory over Moscow."

"No matter how bitter it may be, no matter how terrible the expression may be, I believe that Russia can only be brought to its knees on the battlefield," he said.

On Thursday, the European Union failed to approve a new package of sanctions against Russia after a new round of negotiations, and it was postponed until February 24.

Russia's delegate to the United Nations, Vasily Nebenzia, confirmed that Europe has become a giant with two legs of clay after abandoning Russian energy and spending 710 billion euros to make up for the price difference within a year.
This came as the White House announced that the United States would impose new "large-scale" sanctions on Russia, which would affect third countries.

"The United States will impose large-scale sanctions on vital sectors that generate revenue for Russia," said White House spokeswoman Karen Jean-Pierre, during a press conference.

It added that the United States would target "Russian banks, the defense industry, and third country actors trying to evade sanctions" and that it was discussing how to continue support for Ukraine, but did not disclose whether the G7 members would adopt the American measures.

"We will also announce new economic aid in the areas of energy and security to help Ukrainians and enable the Ukrainian government to provide basic services such as electricity and heat," she added.
Source: agencies