oil ban

To Cripple War Effort, European Union Imposes Oil Embargo on Russia

To Cripple War Effort, European Union Imposes Oil Embargo on Russia

European Union (EU) leaders agreed late Monday to cut off the majority of oil imports from Russia, a sweeping step aimed at crippling the Kremlin’s ability to finance its invasion of Ukraine. EU officials planned to meet Wednesday to finalize the embargo. It would exempt oil delivered via pipelines – nearly one-third of imports from…

May 31, 2022