European Union agrees to ban most Russian oil imports
Monday, May 30, 2022 | Tag Cloud Tags: EU, Euro, Europe, European Union, Media, News, oil, Russia, Twitter, UK, Ukraine, War, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs!
(Worthy News) – European Union President Charles Michel announced Monday that the EU will implement a partial ban on Russian oil, more than three months after Russian forces invaded Ukraine.
“This immediately covers more than 2/3 of oil imports from Russia, cutting a huge source of financing for its war machine,” Michel posted on Twitter, adding “Maximum pressure on Russia to end the war.”
The ban only targets Russian oil brought by sea and has a temporary exemption for pipeline imports. [ Source: Just the News (Read More…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.