EU postpones oil embargo talks against Russia: Foreign Ministers to meet on May 16
Josep Borrell ,
EU foreign ministers will discuss the oil embargo against Russia at a meeting on Monday, May 16, EU High Representative for Foreign Affairs and Security Policy Josep Borrell told reporters in Germany on Friday on the sidelines of a meeting of G7 foreign ministers,
KYIV. UkraineGate , 13 , May , 2022 | War News .
Quote
“Foreign ministers will deal with this on Monday. I will present new political introductions to reach an agreement. I am confident that we will reach an agreement. We need this agreement – and we will reach it. Because we need to get rid of dependence on Russian oil.” said Borrell.
Details
He stressed that the West will increase pressure on Russia through economic sanctions, continue to work on Russia’s international isolation, and resist misinformation. And it will also maintain unity in support of Ukraine.
Addition
Reuters wrote that the EU is considering the third version of sanctions against the oil embargo against Russia. For example, the European Commission is considering giving landlocked countries extra money to upgrade their oil infrastructure to persuade them to agree to an embargo on Russian oil.
And the Financial Times pointed out that the European Union has removed the ban on oil transportation by sea from the sixth package of sanctions against Russia.
Most EU countries support a ban on Russian oil under a new sixth package of sanctions aimed at punishing Moscow for waging war with Ukraine. However, such a decision requires unanimity, and Hungary is resisting, being the strongest critic.
Source: Ukrgate
