Last minute: Oil move from EU! Imports from Russia will be reduced by 90 percent

Last minute Oil move from EU Imports from Russia will

Breaking news… The European Union (EU) countries agreed to reduce the amount of oil imported from Russia by approximately 90 percent by the end of the year.

Ursula von der Leyen, President of the European Commission, announced at the EU Leaders’ Summit in Brussels that they agreed to impose oil sanctions on Russia for its attack on Ukraine.

“This agreement will reduce oil imports from Russia to the EU by about 90 percent by the end of the year,” von der Leyen said in a statement on social media. used the phrase.

In his statement on social media, the President of the European Council, Charles Michel, also stated that oil imports from Russia would decrease by two thirds, giving a different ratio on the amount.

Stating that the “serious source of income” used by Russia for the war will decrease, Michel emphasized that they will continue to put pressure on this country.

SBERBANK IS REMOVED FROM SWIFT

Michel also stated that the 6th sanction package agreed by EU leaders tonight includes the exclusion of Sberbank, one of the largest banks in Russia, from the money transfer system SWIFT and the banning of Russian state televisions.

Apart from the sanctions package, EU countries also reached an agreement to meet Ukraine’s liquidity needs together with the G7 countries.

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Michel stated that the EU is ready to donate 9 billion euros to Ukraine for this purpose and that they will support the reconstruction of Ukraine.

HUNGARY AGAINST

The proposal prepared by the EU Commission about a month ago included phasing out the supply of crude oil from Russia in 6 months and the supply of refined products by the end of the year.

Some member states, especially Hungary, opposed the oil import ban. Hungary, Slovakia and the Czech Republic were given additional time to import oil from Russia.

Despite this, Hungary was opposed to the complete cessation of imports until energy supply security was fully ensured.

Hungarian Prime Minister Viktor Orban, at the entrance to today’s EU Leaders’ Summit, said that the EU Commission prepared a proposal without consulting them and that it “acted irresponsibly”. (AA)

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