EU agrees compromise deal to ban 90% of Russian oil imports by year end
May 31, 2022 Comments Off
EU leaders agreed a compromise deal to ban Russian oil imports by sea late May 30 in a move set to phase out almost 90% of Russian oil imports into the trade bloc by year-end and trigger a major upheaval in global oil trade. Following weeks of negotiations over the EU’s latest Russian sanctions plans, land-locked Hungary finally accepted an…
EU agrees compromise deal to ban 90% of Russian oil imports by year end
EU leaders agreed a compromise deal to ban Russian oil imports by sea late May 30 in a move set to phase out almost 90% of Russian oil imports into the trade bloc by year-end and trigger a major upheaval in global oil trade. Following weeks of negotiations over the EU’s latest Russian sanctions plans, land-locked Hungary finally accepted an…
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