The European Union’s ban on Russian oil

News Today 03.06.2022

The proposal to completely phase out Russian crude and refined products from EU territory within a time frame of six to eight months was first mooted by European Commission President Ursula von der Leyen in early May. Addressing European lawmakers, she sought a “complete import ban on all Russian oil, seaborne and pipeline crude and refined.” It needed the agreement of all the 27 EU member states in order to be implemented. (Read More)

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