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Named the timing of the start of the oil embargo

Russia’s ban on oil imports will take effect six months after the entry into force of the new sanctions.

The oil embargo against Russia will take effect six months after the introduction of the sixth package of sanctions. This was announced on Tuesday, May 31, by the press service of the European Commission.

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The ban on the purchase of petroleum products from the Russian Federation will take effect in eight months.

At the same time, all restrictions do not apply to supplies through the Druzhba pipeline.

Note that the sixth package of sanctions still needs to be approved by the EU Council.

Recall that on the eve of the EU leaders reached a compromise on the issue of a ban on Russian oil imports. The embargo will affect 90% of all Russia’s oil imports by the end of this year.

The remaining 10 or 11% goes to the southern branch of the Druzhba pipeline in Hungary, Slovakia and the Czech Republic. There is a temporary exemption for these countries.

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Source: korrespondent

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