Meanwhile, the European Commission decided to postpone the imposition of an embargo on Russia’s oil shipments: the ban will take effect for three months.
European Commissioner for Economic Affairs Paolo Gentiloni said a complete embargo on Russia’s oil would be introduced by the European Union within nine months. In a shorter timeframe, according to the European Commissioner, it will be difficult. This was discussed in an interview with the newspaper Messagero.
“Our proposal is to impose an embargo, depending on the types of oil products, after nine months. A shorter timeframe will lead to a negative impact on world oil prices, which is contrary to our objectives. ,” he says.
Meanwhile, the European Commission has decided to postpone the imposition of an embargo on Russia’s oil shipments: the ban will take effect within three months, according to Reuters.
Noted that EU representatives should discuss the proposal for the postponement on Friday, May 6. The European Commission proposes to introduce a three -month transitional period before the introduction of a ban on maritime transport of oil from Russia, and earlier it was about a month.
It was reported that this decision would require assistance with investments in the modernization of oil infrastructure and mitigation of the consequences of sanctions for EU countries.
Recall that Japan is not ready to stop Russia’s oil imports and join EU plans to impose an embargo.
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Source: korrespondent
