The fact that the embargo was partially introduced is a temporary measure, the European Union leadership said.
The European Union’s ban on Russia’s oil imports has not affected the supply of “black gold” through the pipeline. About this on the night of Tuesday, May 31, said European Council President Charles Michel at a press conference following the first day of the EU summit in Brussels.
“We have agreed to ban the import of oil with a temporary exemption for oil from the pipeline,” the politician said.
In this regard, the President of the European Commission, Ursula von der Leyen, said that the aforementioned ban will cover two -thirds of offshore oil supplies and one -third – by pipeline. At the same time, Germany and Poland, according to him, have promised to stop the delivery of oil through the pipeline by the end of the year, due to which 90% of Russia’s oil will be banned.
“There will be about 10% or 11% of the oil from the pipeline, but we will get back to this issue as soon as possible,” von der Leyen assured.
According to Belgian Prime Minister Alexander De Croo, Hungary is exempted from the embargo on Russian oil, and the EC has not yet set a time limit for such exemptions. However, he stressed, Brussels intends to do everything possible so that “it does not last long.”
Recall, in addition to a partial ban on Russian oil, the EU also decided to disconnect Russia’s largest bank Sberbank from the international SWIFT system.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.