The eighth package of EU sanctions against Russia includes a cap on oil prices, new bans on the import and export of steel, wood, machinery, aviation, plastics, chemicals in the amount of EUR 7 billion, a ban on various services, 35 new individuals and companies involved war, fictitious referendums and propaganda, Lithuania's permanent representative to the EU, Arnoldas Pranckevičius, has said.

"8th Russia sanctions package just approved in EU Coreper. Includes oil price cap, EUR 7bn worth new import & export bans on steel, wood, machinery, aviation, plastics, chemicals, ban on various services, 35 new individuals & companies involved in war, sham referenda & propaganda," he said on Twitter on Wednesday.