The EU is drafting proposals for an oil embargo on Russia although there was no agreement to ban Russian crude.
EU diplomats said Berlin, which is heavily reliant on Russian oil, is not actively supporting an immediate embargo.German Foreign Affairs Committee Chairman Michael Roth on Tuesday said cutting Russian oil would be a very important signal because it would affect Russia’s main source of income. A quick EU decision could be combined with a transition phase like the import ban on Russian coal, which will come into effect from mid-August after EU ambassadors agreed on it last week, Roth said.
Roth’s comments come after visiting western Ukraine on Tuesday with two parliamentarian committees heads from the ruling coalition parties. “It can be done within a few weeks because there are other suppliers,” said Anton Hofreiter, the head of the Bundestag’s Europe’s Committee, adding that phase-out period to implement a ban on Russian coal was too long.
😂🤣 Their sanctions are hurting them morethan Russia
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