The European Union agreed to ban the overwhelming majority of Russian oil imports after tense negotiations.
BRUSSELS — In the most significant effort yet to punish Russia for its war in Ukraine, the European Union agreed to ban the overwhelming majority of Russian oil imports after tense negotiations that tested how far the bloc is willing to go to ostracize Moscow.
“They hate us all! The basis for these decisions is hatred for Russia, for Russians and for all its inhabitants,” Dmitry Medvedev, who is also a former president and prime minister, wrote on the Telegram messaging app. Ukrainian demonstrators demand an embargo on Russian oil during a protest in front of EU institutions prior to an extraordinary meeting of EU leaders to discuss Ukraine, energy and food security at the Europa building in Brussels, May 30, 2022.
Russia has also not shied away from withholding its energy supplies, despite the economic damage it could suffer as a result. Russian energy giant Gazprom said it cut natural gas supplies to Dutch trader GasTerra on Tuesday — a move announced before the embargo was agreed. It already turned the taps off to Bulgaria, Poland and Finland, and is considering doing the same to Denmark.Advertisement
They are also calling on Russia to halt its attacks on transport infrastructure in Ukraine and lift its blockade of Black Sea ports so that food can be shipped. Ukrainian President Volodymyr Zelenskyy has said Russia has prevented the export of 22 million tons of grain, much of it meant for people across the Middle East and Africa. He accused Moscow of “deliberately creating this problem.”— Russian forces have seized around half of a key city in eastern Ukraine, according to the mayor.
The EU estimated that would mean around 90% of Russian oil is banned by the end of the year. That figure includes a ban on all Russian oil delivered by sea — which accounts for two-thirds of the EU’s imports from Russia — plus a decision by Germany and Poland to stop using oil from the northern branch of the Druzhba pipeline.
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