The European Union has adopted its 21st package of sanctions against Russia, introducing sweeping new restrictions that also affect Georgia, including an oil refinery in Kulevi and several cryptocurrency service providers.

The latest measures represent the bloc's largest expansion of personal and corporate sanctions in the past four years, targeting 218 individuals and entities, including 48 people and 170 organizations, The Caspian Post reports via RBC.ru.

Among the key measures is a planned ban on transactions with the Kulevi oil refinery in Georgia, which the EU says is involved in trading and processing Russian oil. The restriction is scheduled to take effect six months after the sanctions package enters into force.

The package also prohibits transactions with 14 cryptocurrency platforms based in third countries, including Georgia, Kyrgyzstan, Belarus, Panama, the United Arab Emirates, and the Marshall Islands. The names of the Georgian crypto platforms affected are expected to be published in the package's legal documents.

In addition, the EU introduced new powers allowing a complete ban on crypto-asset services provided by companies from third countries and imposed asset freezes and financial restrictions on 94 banks.

The sanctions also expand pressure on Russia's energy and mining sectors, while new restrictions have been introduced against parts of the country's defense industry and the so-called "shadow fleet."

Among the newly sanctioned infrastructure is Sheremetyevo International Airport, highlighting the EU's broader effort to tighten economic pressure on Russia through its latest sanctions package.