Russian President Vladimir Putin. Russia is now prohibited from directly and indirectly importing, purchasing or transferring diamonds, the EU said. AP
Russian President Vladimir Putin. Russia is now prohibited from directly and indirectly importing, purchasing or transferring diamonds, the EU said. AP

World

Europe

EU takes aim at Russia's diamond trade in latest round of sanctions

Sector estimated to be worth about $4.5 billion a year

Soraya Ebrahimi
Soraya Ebrahimi

December 18, 2023