Brussels, Oct. 23 -- The European Union has formally adopted its latest sanctions package against Russia, EU High Representative Kaja Kallas announced on Thursday after a meeting in Brussels of the leaders of the bloc's member countries.

The move comes a day after US President Donald Trump's administration announced new sanctions against Russia's oil industry. The US sanctions hit Rosneft and Lukoil, Russia's two largest oil companies, which Washington said play a central role in financing the Kremlin's war effort.

"We just adopted our 19th sanctions package. It targets Russian banks, crypto exchanges, entities in India and China, among others," the EU foreign policy chief posted on social media platform X.

She said that "The EU is cur...