
This audio is created with AI assistance In its latest round of sanctions, the European Union (EU) is proposing to introduce a phased ban of Russian aluminium, Bloomberg reported on Jan. 28 citing unnamed sources. The bloc, which covers 8% of its annual aluminium needs by Russian imports, plans to allow for the import of 275,000 metric tons of aluminium under a quota system for one more year before banning it entirely, the outlet reported. The sanctions will also cut off more Russian banks from the SWIFT banking system, and...