{"id":53377,"date":"2025-09-20T08:08:23","date_gmt":"2025-09-20T12:08:23","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/eu-considers-russian-oil-sanctions-amid-escalating-gaza-crisis-and-diplomatic-push-for-two-state-solution\/53377\/"},"modified":"2025-09-20T08:08:23","modified_gmt":"2025-09-20T12:08:23","slug":"eu-considers-russian-oil-sanctions-amid-escalating-gaza-crisis-and-diplomatic-push-for-two-state-solution","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eu-considers-russian-oil-sanctions-amid-escalating-gaza-crisis-and-diplomatic-push-for-two-state-solution\/53377\/","title":{"rendered":"EU Considers Russian Oil Sanctions Amid Escalating Gaza Crisis and Diplomatic Push for Two-State Solution"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li>The <strong>European Union<\/strong> is actively considering new <strong>trade measures targeting Russian Druzhba pipeline oil<\/strong>, as part of a broader 19th sanctions package aimed at accelerating the phase-out of Russian fossil fuels.<\/li>\n<li><strong>Gaza&#39;s humanitarian crisis continues to deepen<\/strong>, with medical sources reporting a staggering <strong>442 deaths due to starvation<\/strong>, alongside thousands of children suffering from acute malnutrition.<\/li>\n<li>French President <strong>Emmanuel Macron<\/strong> and <strong>Saudi Arabia<\/strong> are set to co-chair a crucial conference on <strong>September 22<\/strong> in New York, seeking to galvanize international support for a two-state solution to the Israeli-Palestinian conflict.<\/li>\n<li>Macron has announced plans for <strong>France to formally recognize a Palestinian state<\/strong> during the upcoming UN General Assembly, a move anticipated to be mirrored by several other European nations.<\/li>\n<\/ul>\n<h2>EU Targets Russian Druzhba Pipeline Oil in New Sanctions Push<\/h2>\n<p>The European Union is weighing new trade measures specifically targeting oil imports flowing through Russia&#39;s Druzhba pipeline, signaling a continued effort to intensify economic pressure on Moscow. These potential restrictions form part of the EU&#39;s 19th package of sanctions, which aims to accelerate the bloc&#39;s phase-out of Russian fossil fuels, originally set for completion by the end of 2027. The move comes amid increasing pressure from the United States to adopt tougher steps against Russia&#39;s energy sector.<\/p>\n<p>However, the proposed measures face resistance from some member states. Hungary and Slovakia, the last two EU nations still receiving Russian oil via the Druzhba pipeline, have voiced opposition to cutting imports without guaranteed viable alternative energy supplies. Beyond oil, the comprehensive sanctions package is also expected to target Russian banks, cryptocurrency exchanges, and other energy sectors. The U.S. has also reportedly urged G7 members to consider tariffs of up to 100% on major Russian oil buyers like China and India.<\/p>\n<h2>Gaza Humanitarian Crisis Worsens with Rising Starvation Deaths<\/h2>\n<p>The humanitarian situation in Gaza has reached a critical point, with medical sources reporting a distressing increase in starvation victims, now totaling <strong>442 deaths<\/strong>. This grim figure underscores the severe shortages of food and essential supplies plaguing the region due exacerbated by ongoing conflict and blockades.<\/p>\n<p>International organizations have also highlighted the escalating crisis. The World Health Organization (<a href=\"\/stock\/WHO\">WHO<\/a>) reported that as of early August 2025, at least <strong>99 people, including 29 children under the age of five<\/strong>, had died from malnutrition this year, noting these numbers are likely underestimates. Al Jazeera similarly reported nearly <strong>200 deaths from hunger<\/strong>, including 96 children, around the same period. In July alone, nearly <strong>12,000 children under five<\/strong> were identified as suffering from acute malnutrition, marking the highest monthly figure ever recorded. Aid access remains severely restricted, further compounding the humanitarian catastrophe.<\/p>\n<h2>Macron and Saudi Arabia Lead Diplomatic Push for Two-State Solution<\/h2>\n<p>French President Emmanuel Macron continues to champion the two-state solution as the &quot;only credible way forward&quot; to achieve lasting peace and security for both Israelis and Palestinians. In a significant diplomatic initiative, France and Saudi Arabia will co-chair a high-level international conference in New York on <strong>September 22<\/strong>, coinciding with the UN General Assembly. The conference aims to consolidate broad international support for the two-state solution.<\/p>\n<p>This upcoming meeting follows the recent adoption of the &quot;New York Declaration&quot; for the two-state solution by the UN General Assembly, a resolution that Macron hailed as an &quot;irreversible step towards peace&quot;. The declaration, backed by 142 nations under the leadership of France and Saudi Arabia, outlines concrete steps including a permanent ceasefire, the release of all hostages, substantial humanitarian aid for Gaza, the disarmament of Hamas, and the strengthening of the Palestinian Authority. Macron has also criticized the U.S. decision to deny visas to Palestinian officials for the conference, emphasizing the importance of Palestinian representation.<\/p>\n<p>Further demonstrating France&#39;s commitment, President Macron intends to formally recognize a Palestinian state during the UN General Assembly. This move is expected to encourage several other European countries, including the UK, Canada, Australia, and Belgium, to follow suit in recognizing Palestinian statehood.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The European Union is actively considering new trade measures targeting Russian Druzhba pipeline oil, as part of a 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