The European Union is considering capping oil prices, tightening restrictions on high-tech exports to Russia and increasing sanctions against certain individuals, diplomats said Thursday, in response to what the West condemned as a new escalation of Moscow’s war in Ukraine, News.ro reported from with reference to Reuters.

Head of the European Commission, Ursula von der LeyenPhoto: Kenzo TRIBOUILLARD / AFP / Profimedia

On Wednesday, the EU received support from President Vladimir Putin’s nuclear rhetoric, announcement of partial military mobilization and support for plans to effectively annex part of eastern Ukraine.

At a special meeting on Thursday, EU foreign ministers agreed to prepare new sanctions against Russia, and the bloc’s top diplomat said they would consist of “economic and individual” measures.

The head of the EU executive, the president of the European Commission, Ursula von der Leyen, said that they will include “additional controls on the export of civilian technology”, according to CNN.

Three EU diplomats in Brussels said the new sanctions would center around an oil price ceiling that would match that agreed by the G7.

“We also expect some people to be included in the lists,” said one of the diplomats, who spoke on condition of anonymity.

Some of the sources pointed to a list drawn up by Putin’s most prominent domestic critic – jailed anti-corruption fighter Alexei Navalny – of 6,676 people he called “bribers and warmongers” as the inspiration for the EU’s own blacklist, which currently includes 108 sub- objects and 1206 people.

Some countries want to target relatives and close aides of those already under sanctions to circumvent existing measures. But the EU countries did not agree to recognize such circumvention of sanctions as a crime within the bloc.

They will also have to decide what to do with Russians fleeing conscription after the three Baltic states in the EU’s east said they would not grant them asylum.

Finland and Poland have also restricted the arrival of Russians, but the EU as a whole has so far rejected a blanket travel ban.

However, it was not immediately clear what impact any cap on oil prices would have, given that the EU has already agreed on an oil embargo that will take effect by the end of the year, albeit with exceptions, notably for Hungary.

Other restrictions on luxury goods exports to Russia are also discussed, as well as calls for a ban on Russian diamonds and the confiscation of Russian assets in Europe. Others, however, warn that the proposal is unlikely to receive the necessary unanimous support from all EU countries.

Germany, the EU’s economic powerhouse, has so far rejected tougher economic restrictions, while Hungarian Prime Minister Viktor Orban, who has close ties to Putin, said on Thursday that all sanctions should be lifted.

“I don’t know how quickly we will be able to agree on new sanctions,” the EU official said, noting that resistance to additional sanctions against Moscow by some member states could slow things down, News.ro reported.

The European Commission will present a written proposal next week, and member states could approve it at a meeting in Prague on October 6-7, the sources said.