https://www.live-feeds.com/feed/eu-renews-russia-sanctions-drops-russian-billionaires-usmanov-and-fridmanContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/eu-renews-russia-sanctions-drops-russian-billionaires-usmanov-and-fridmanhttps://www.live-feeds.com/feed/eu-renews-russia-sanctions-drops-russian-billionaires-usmanov-and-fridman#u82849Thu, 24 Sep 2026 19:40:11 +0000The European Union has renewed its sanctions against Russia but removed billionaires Alisher Usmanov and Petr Fridman from its blacklist. The decision follows internal disputes, with France reportedly pushing to spare Usmanov and the Latvian Prime Minister opposing the move. Ukraine has expressed anger over the removal of the oligarchs. The action took place as a deadline for the sanctions renewal approached, despite warnings from Latvia that selective sanctions normalize Russia's position.Why it mattersEU sanctions serve as a primary diplomatic and economic tool to pressure Russia into e