Council of the European Union 23 April 2026, Council Regulation (EU) 2026/506 of 23 April 2026 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine

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Council Regulation (EU) 2026/506 amends Regulation (EU) No 833/2014 to expand restrictive measures against Russia, targeting sectors such as energy, finance, and technology to counter the destabilisation of Ukraine. Key provisions include a prohibition on providing liquefied natural gas (LNG) terminal services, tighter export controls on dual-use goods, and new transaction bans on entities benefiting from illegitimate 'temporary management' (vremennoye upravleniye) of Union-owned property. The regulation also introduces legal mechanisms for Union operators to recover damages and obtain court orders against Russian proceedings initiated in breach of exclusive jurisdiction or arbitration clauses.AI