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The EU is considering cutting more than 20 banks from SWIFT, the international payments system, as well as lowering a price cap on Russian oil and banning the Nord Stream gas pipelines as part of a new sanctions package that aims to increase pressure on Moscow to end its war against Ukraine.

https://www.bloomberg.com/news/articles/2025-05-24/eu-weighs-cutting-20-banks-from-swift-in-new-russia-sanctions?srnd=homepage-europe&leadSource=reddit_wall