The decision to impose a ban on the purchase of Russia’s energy resources will be made after April 24, according to the media.
The European Union will return to the issue of the oil embargo against Russia after April 24, according to the New York Times.
It was noted that until now the oil embargo was still not considered an option due to the high hopes of countries such as Germany and Hungary, where blocking Russia’s raw materials could disrupt policy in the region and increase energy prices.
The publication recalls that the latest EU sanctions package managed to agree on a coal embargo, which will work in August 2022. The oil embargo is expected to follow a similar principle and give countries a temporary buffer to find of new suppliers.
According to media reports, the proposed restrictions will be brought to the negotiating table after the second round of French elections on April 24 to ensure that price pressure does not help populist and pro-Kremlin candidate Marine Le Pen and not to harm the chances of the President. Emmanuel Macron.
In addition to the elections in France, the embargo discussion time was affected by Catholic Easter on April 16 and Orthodox Easter on April 24, the newspaper notes. This means that the discussion will be held at the end of April or the beginning of May.
Interlocutors of the publication note that the EU is no longer waiting for a trigger to strengthen sanctions against the Russian Federation on the issue of imposition of sanctions, but such an event could speed up approval.
Recall, on April 8, the EU introduced the fifth package of sanctions against Russia in response to the military aggression against Ukraine. The measures include a ban on the import of coal, timber, chemicals and some other restrictions.
Ukraine continues to demand an embargo on Russia’s oil, since the beginning of the war, the EU has paid the Russian Federation for energy resources at least 35 billion euros.
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Source: korrespondent
