EU agrees to impose “two-thirds” ban on Russian oil purchases World | D.W.

EU (EU) leaders reached an agreement on Monday night (05.30.2022) on a ban on buying “more than two-thirds” of Russian oil, European Council President Charles Michael announced in a statement. On the news Twitter.

“The agreement to ban Russian oil exports to the EU immediately covers more than 2/3 of Russia’s oil imports, cutting off huge financial resources for its war machine,” the official tweeted.

The agreement announced by Michael reached the end of the first day of the extraordinary summit of EU leaders in Brussels, and makes it possible to eliminate for the time being a very important issue that exposed the rifts between the EU countries.

The sixth embargo proposed by the European Union against Russia for the war in Ukraine embodied the idea of ​​a total embargo on Russian oil, but that effort was thwarted by Hungarian opposition and fears for its energy security.

The solution, negotiated by the negotiators, is to accept a ban that would initially affect Russian oil imports to the EU by sea, with the exception of pipeline distribution for now.

Meanwhile, European Commission President Ursula van der Leyen announced that Germany and Poland have agreed to do their part, and that they will stop continuing to receive Russian oil through pipelines until the end of this year, thereby affecting the embargo. 90% of crude oil imports from Russia to the EU.

In addition to the controversial oil embargo, the EU’s Sixth Plan against Russia includes the withdrawal of more banks from that country from the interbank network. Swift And adding new names to the list of authorized Russian officials.

ama (afp, reuters, efe, dpa, ap)