EU agrees ban on more than two-thirds of Russian oil imports

Full article: https://www.thejournal.ie/eu-russia-oil-embargo-leaders-gather-summit-5778006-May2022/

THE EU HAS announced that it has reached an agreement to ban two-thirds of Russian oil imports to the European Union as part of its sixth round of sanctions.

In a tweet this evening, President of the European Council Charles Michel said that an agreement had been reached by EU leaders, after previous deals had been blocked by Hungary.

“This immediately covers more than 2/3 of oil imports from Russia, cutting a huge source of financing for its war machine. Maximum pressure on Russia to end the war,” said Michel.