Load WordPress Sites in as fast as 37ms!

EU agrees partial Russian oil embargo

Fight Censorship, Share This Post!

A sixth package of sanctions allows Hungary to preserve its Russian oil imports, but will affect some 75% of flow into the bloc

After weeks of deliberation, EU member states have agreed in principle a sixth round of anti-Russia sanctions, the bloc’s leadership announced after a meeting on Monday. Hungary will preserve its Russian oil imports, but otherwise much of the crude will be embargoed.

EU Council President Charles Michel said the watered-down embargo will affect about 75% of Russian oil imports, with the percentage growing to 90% by the end of the year.

Hungary, which had previously blocked the sanctions, was exempted from the trade restrictions, its Prime Minister Viktor Orban said. “Hungarian families can sleep well,” he wrote on social media.

DETAILS TO FOLLOW


Fight Censorship, Share This Post!

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.