European Union countries reached an initial agreement on what would be the bloc's eight round of sanctions against Russia for waging war against Ukraine.

Axar.az reports citing foreign media that three diplomatic sources disseminated this information.

The EU executive earlier this week recommended that the bloc imposes more trade curbs and individual blacklistings and move towards - rather than adopting straight away - a price cap for Russian seaborne oil deliveries to third countries, mostly insured by European companies.

The 27 EU countries' national envoys to Brussels discussed the proposal on September 30 and gave their initial green light, with a final approval expected next week, said the three sources.

The 27 need unanimity to impose sanctions and, should their differences prove too difficult to overcome, the matter would go to the bloc's national leaders meeting in Prague on October 6-7, said the sources who all spoke under condition of anonymity.