Moscow Shrugs Off EU Oil Ban: ‘Russia Will Find Other Importers’

5Mind. The Meme Platform
The Epoch Times Header

Moscow struck a defiant tone in reaction to the European Union’s new partial ban on Russian oil imports, with a senior Kremlin official saying his country would simply pivot to other importers.

E.U. leaders agreed at a May 30 summit in Brussels to embargo the majority of Russian oil imports into the bloc by the end of 2022 as part of the sixth package of sanctions against Russia over its invasion of Ukraine.

Ursula Von der Leyen, the head of the E.U.’s executive branch, said the move would cut around 90 percent of oil imports from Russia to the bloc by the end of the year, while Charles Michel, chief of the E.U. Council, said the agreement covers over two-thirds of oil imports from Russia.

Mikhail Ulyanov, Russian Permanent Representative to international organizations in Vienna, reacted to the decision with a critical tweet.

“Russia will find other importers. Noteworthy that now she contradicts her own yesterday’s statement. Very quick change of the mindset indicates that the #E.U. is not in a good shape,” Ulyanov wrote.

Von der Leyen initially downplayed the chances of a breakthrough at the summit but leaders reached a compromise after Ukrainian President Volodymyr Zelenskyy delivered a video address urging them to end internal disputes and agree on an “effective” sanctions package that includes oil.

An agreement on an E.U. embargo on Russian oil imports was held up by concerns over supplies by some members.

Hungary, in particular, which gets over 60 percent of its oil, insisted it could only get on board if its oil supply security was guaranteed.

The E.U. is heavily dependent on Russian energy imports, getting around 40 percent of its natural gas and 25 percent of its oil from Russia.

The oil embargo covers Russian oil imports into the E.U. that come by sea, which account for around 90 percent of oil imports into bloc. Another 10 percent that is delivered by pipeline are exempt, as requested by Hungary.

By Tom Ozimek

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Fulton County’s 315,000 Invalid Ballots of 2020

In Fulton County, GA, during the 2020 General Election, some 315,000 ballots were cast and counted void of any proper signatures as required by Georgia law.

Power, wealth, and surrogacy: Biology’s international fault lines

“Life’s integrity, dignity, and mystery are gifts from God. When society forgets this truth, its foundation weakens and the burden of collapse touches all.”

THE EXCEPTION IS NOT THE RULE: How Fringe Voices Became the Nation’s Moral Compass

In America, the exception has seized control of the rule, and the majority has been bullied into silence by a very loud, and sometimes obnoxious, minority.

Drug Boat Drama

“After years of leniency toward violent drug cartels, the Trump administration unleashed U.S. military power to combat the death and addiction they spread.”

Kazakhstan Might Have Just Placed Itself On An Irreversible Collision Course With Russia

First Deputy Chair of the Duma Defense Committee Alexei Zhuravlev condemn Kazakhstan switch to NATO standards to abandon the Russian military-industrial complex.

Trump Reveals 50 State Tour to Celebrate America’s 250th Birthday

President Trump announced the U.S. 250 Freedom Tour, a 50-state, 50-week journey celebrating America’s 250th anniversary, inspired Friendship Trains.

After Decades of Dismissal, Chronic Lyme Disease Is Now Getting Recognized

Patients with persistent Lyme symptoms face medical limbo as federal officials and researchers debate causes, treatment, and what to call the condition.

Transportation Department Mandates English Proficiency for Cross-Border Mexican Railway Workers

The Federal Railroad Administration (FRA) is cracking down on cross-border train operators from Mexico who lack basic English language proficiency

Wisconsin Judge Found Guilty of Obstruction for Aiding Illegal Immigrant to Evade ICE Agents

A Wisconsin judge was found guilty of obstruction on Dec. 18, accused of helping an illegal immigrant evade federal agents outside her courtroom.

Trump Announces $1.3 Billion in Sales of ‘Gold Card’ Visas Since Dec. 10

Trump said his administration sold over $1.3B in “Trump Gold Cards,” an immigration program offering fast residency to skilled foreign talent.

Trump Plans to Discuss Potential Price Cuts With Health Insurers

President Trump said he will meet with health insurers to push for price cuts, aiming to lower health care costs for consumers across the U.S. today.

Trump Unveils Deals With 9 Pharma Companies to Reduce Drug Prices

The president’s most-favored-nation pricing initiative now has 14 of...

Trump Gives Federal Workers 2 More Days Off: Dec. 24 and 26

President Donald Trump signed an executive order on Thursday closing the federal government on Dec. 24 and 26.
spot_img

Related Articles

Popular Categories

MAGA Business Central