Beautiful Virgin Islands

Saturday, Sep 12, 2026

Brussels Wants SWIFT Shut-Off, Halt to Russian Energy Use 'If Ukraine Aggression Continues'

Brussels Wants SWIFT Shut-Off, Halt to Russian Energy Use 'If Ukraine Aggression Continues'

Tensions in war-torn eastern Ukraine between Kiev and the breakaway Donbass republics escalated this spring after the Ukrainian government mobilised its troops, prompting Donbass leaders to express fears of a general offensive. Moscow, which serves as a guarantor of the Minsk peace agreements, has urged calm and warned Kiev against any escalations.

Over 50 European Parliament lawmakers have tabled a resolution proposing disconnecting Russia from the SWIFT payment system and halting the purchase of Russian oil and gas supplies if Moscow's alleged "aggression and continued destabilisation of Ukraine, hostile behaviour towards and outright attacks on EU member states and societies" escalates into military action.

In a draft resolution tabled on Wednesday "on Russia, the case of Alexei Navalny, the military build-up on Ukraine's border and Russian attacks in the Czech Republic," the group of mostly Eastern European lawmakers suggested that if the current tensions over Ukraine turn into an outright Russian invasion, imports of "oil and gas from Russia to the EU [must] be immediately stopped, while Russia should be excluded from the SWIFT payment system, and all assets in the EU of oligarchs close to the Russian authorities and their families in the EU need to be frozen and their visas cancelled."

The resolution does not clarify what might provoke Russia to "invade" Ukraine. Moscow has repeatedly urged the current government in Kiev to make good on its commitments under the Minsk peace accords.

The resolution goes on to blame Moscow for the deterioration of the security situation in eastern Ukraine, and criticises Russia for suspending "the right of innocent passage for warships and commercial vessels" through the Kerch Strait until 31 October.

Calling opposition vlogger Alexei Navalny "Russia's best known anti-corruption activist and opposition politician," the resolution demands his immediate release, and calls for an investigation into the alleged "poisoning" and "assassination attempt" against him. Navalny was imprisoned after returning to Russia in January over breaches of probation to his suspended sentence in a 2014 fraud case.

The resolution goes on to accuse Russia of a litany of crimes, including election meddling, "the use of disinformation, deep fakes, malicious cyberattacks, sabotage and chemical weapons," and the latest claims of Russian involvement in arms depot blasts in the Czech Republic, and urges the EU to "reduce its dependence on Russian energy," stop the completion of the Nord Stream 2 pipeline project and cancel multi-billion-dollar nuclear power plant construction projects with Rosatom.

Relations at Low Point and Could Get Worse


Also on Wednesday, European Union foreign policy chief Josep Borrell told reporters that relations between Moscow and Brussels were at a "low point" and could deteriorate further in the future. Borrell accused Russia of "pretending" to be a neutral mediator in the conflict in eastern Ukraine, and claimed Moscow was not interested in the realisation of the Minsk agreements.

"Up to now, Russia has shown no willingness to end the conflict on terms that would safeguard Ukraine's sovereignty, territorial integrity and independence. For Russia, the full implementation of the Minsk agreement is not a key condition. For us, it is," he alleged.

Under the terms of the Minsk accords, signed in early 2015 in the Belarusian capital after months of brutal fighting between Kiev forces and militias in the regions of Donetsk and Lugansk, the breakaways would return to Ukrainian jurisdiction in exchange for broad autonomy. The two sides made good on their promises to halt fighting and move heavy military equipment away from the line of contact, but the agreement's implementation has since been stalled, with Ukrainian lawmakers refusing to proceed with the legislation to grant the Donbass autonomy.

Earlier on Wednesday, in an interview with Sputnik, Russian Foreign Minister Sergei Lavrov accused Western nations of trying to convince Moscow to "soften" the Minsk accords and to change the sequence of the implementation of its provisions, and warned that doing so would lead to a massacre of its residents.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Merz Rebukes AfD Expansion in Saxony-Anhalt
OpenAI Unveils GPT-6 and Says: "We May Already Have Reached AGI"
Congressman Accused Andrew of Sex Crimes in the United States
Donald Trump: "I'm Glad Harry and Meghan Left the United States"
Spicy Food Is Linked to Lower Death Risk — but It Is Not a Miracle Cure
AfD Enters Saxony-Anhalt Election at 41% in Historic Test for German Politics
Gen Z Turns to Investing as America's First-Home Dream Moves Further Out of Reach
TSA Unveils Major Airport-Security Overhaul as It Drops Gold+ Privatization Plan
CIA Chief Warned Russia Against Attacking NATO in Secret Moscow Mission
Raheem Sterling Charged With Dangerous Driving After Lamborghini Crash
The Secret Dolly Parton Kept Until Her Death: "She Was Much Sicker Than She Let On"
Glacier Collapse, Not Earthquake, Triggered Deadly Nepal-Tibet Flood
Turnbull Warns AUKUS Could Leave Australia Without Promised Nuclear Submarines
California Billionaires Pour More Than $150 Million Into Fight Over Proposed Wealth Tax
German Broadcaster Goes Dark to Warn AfD Could End Its Saxony-Anhalt Service
Badenoch Plans Major Shadow Cabinet Reshuffle as Tories Struggle in Third Place
Prime Minister Andy Burnham to Give Ukraine Classified Storm Shadow Blueprints for Domestic Missile Production
UK Graduate Job Vacancies Plunge 45% to Lowest Levels on Record
Iranian Hackers Shut Down British Power Plant for Four Days in Landmark Cyber Attack
Novak Djokovic Reveals Relentless Self-Doubt and Rejects Retirement in New Documentary
Trump Imposes 50% Tariffs on Canadian Goods After Bilateral Trade Talks Collapse
Australia Combines Indigenous Fire Knowledge With Satellite Tech to Combat Catastrophic Wildfires
Father and Son Jailed in Scotland Over £900,000 Airport Cannabis Smuggling Operation
UK Fraud Reports Surge Sevenfold as Criminals Exploit QR Codes in Parking Meters and Phishing Emails
Brighton Thrash Aston Villa in Four-Goal Opening Half as Manchester City Trail Bournemouth
Erin Patterson Appeals Triple Murder Convictions After Hotel Mixed Sequestered Jury With Prosecution
The rise and fall of Hui Ka Yan, China’s richest man
Woke: Britain Considers Plain Packaging for Cigars as Specialist Shops Warn of Industry Collapse
Britain's Public-Service Productivity Remains Below 2019 as £80 Billion Output Gap Fuels WFH Debate
Mandelson Epstein Case in Jeopardy as U.S. Files Stay Out of Reach
Prince Harry and Six Others Ordered to Pay £9.5 Million After High Court Defeat
Petrol Bombs Set Luxury Cars Alight Outside Birmingham Wedding as Police Hunt Three Men
Bitcoin Surges Toward $80,000 as Short Squeeze and ETF Inflows Ignite Crypto Rally
Twenty-Nine US States Take Meta to Trial Over Alleged Child Addiction on Instagram and Facebook
Former Scottish National Party Executive Peter Murrell Jailed for Five Years Over £400,000 Embezzlement
Moderna and Merck's Personalized Cancer Vaccine Succeeds in Historic Late-Stage Melanoma Trial
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
A Sleepless Night on Wall Street: Nasdaq to Begin Nearly Round-the-Clock Trading
"The First in the World": 69-Year-Old Protested Artificial Intelligence—and Went to Jail
Ukraine's Ousted Defence Minister Calls for Wartime Presidential Election
China’s Lifelike AI Humans Move From Livestreams Into Real-World Service Roles
Sarah Ferguson Reportedly Retreats to Late Ex-Boyfriend's Swiss Chalet
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
×