European Union leaders gathering Monday for a two-day summit in Brussels are setting a low bar for expectations for a tough new sanctions policy to cut off the supply of Russian oil exports as a punishment for Moscow’s invasion of Ukraine.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EU to pledge support for Ukraine but not discuss new Russia sanctions – ReutersAhead of the summit between European Union (EU) leaders on Monday to discuss the Russia-Ukraine crisis, draft conclusions of the meeting, seen by Reut
Read more »
EU to Discuss Watered-Down Oil Embargo on Russia as Hungary Holds FirmThe talks are largely held up by Hungary, a major user of Russian oil and whose leader Viktor Orban is on friendly terms with Russia’s Vladimir Putin.
Read more »
EU nears Russia oil sanctions agreement, with carve-out for pipelinesA new proposed agreement for sanctions against Russian oil could draw more countries in by allowing an exception for pipelines, but it may be too weak for some.
Read more »
Live blog: EU leaders agree to impose partial embargo on Russian oilEU leaders back a ban on more than two-thirds of Russian oil imports, in a compromise deal with Hungary to punish Moscow for its military offensive in Ukraine – now in its 97th day Follow our live coverage:👇
Read more »
EU Leaders Agree to Ban 90% of Russian Oil by Year-EndEuropean Union leaders have agreed to embargo most Russian oil imports into the bloc by year-end. The move is part of new sanctions on Russia worked out Monday at a summit focused on helping Ukraine with a long-delayed package of new financial support. The embargo covers Russian oil brought in by sea, allowing a temporary exemption for imports delivered by pipeline. That was crucial to bringing landlocked Hungary on board a decision that required consensus. EU Council President Charles Michel says the agreement covers more than two-thirds of oil imports from Russia, cutting a huge source of financing for its war machine.
Read more »
EU leaders agree on partial embargo on Russian oilThe watered-down embargo agreed on Monday covers only Russian oil brought in by sea, allowing a temporary exemption for imports delivered by pipeline.
Read more »