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.

Dems Roll Out Ultra-R3tard3d Midterm Blueprint

Democrat's “People’s Health Platform” for midterm victory resurrects child trannyism, opens state-run abortion clinics and prepares for the next pandemic.

After October 7th, Deterrence Is No Longer Enough

Israel has begun to shift from deterrence to denial. Deterrence seeks to influence an adversary’s behavior by raising the cost of action.

Nine Top American Scientists Now Dead or Missing!   

9 people connected with NASA, Los Alamos missile lab, MIT, and the Air Force are either dead or missing in the last 33 months!

What’s At Stake In The “Battle For Hungary”?

Sunday’s parliamentary elections in Hungary have been described by...

Our Water is Polluted!   

Sometimes a writer has to have a story percolate...

Trump Congratulates Artemis II Astronauts on Historic Lunar Mission

President Trump congratulated the crew of NASA’s Artemis II mission after their spacecraft splashed into the Pacific Ocean on April 10, capping their 10-day lunar voyage.

Trump Says US ‘Loading up the Ships’ Ahead of Iran Talks, Signals Military Option If Diplomacy Fails

President Donald Trump said the United States is preparing military options if negotiations with Iran fail to produce a deal.

‘I Am Thinking About It’: Kamala Harris, Democratic Hopefuls Eye 2028 at Sharpton Conference

A parade of potential 2028 Democratic presidential candidates descended on New York City this week for the National Action Network’s (NAN) annual convention.

Democrats Call on Rep. Swalwell to End California Governor Bid After Sexual Assault Allegations

Democrats withdraw support from Rep. Eric Swalwell, urging him to end his California governor bid amid sexual assault allegations.

Trump Says Pam Bondi is Out as His Attorney General

President Trump says Pam Bondi is out as his Attorney General. Bondi will be replaced by her deputy Todd Blanche, who will serve as acting attorney general.

Trump Signs Order Imposing 100 Percent Tariffs on Certain Imported Pharmaceutical Drugs

President Donald Trump signed executive orders on Thursday raising levies on some medications and refining calculations on steel tariffs.

Trump Says US Core Objectives in Iran Are ‘Nearing Completion’ in Primetime Address

President Trump will deliver a primetime address from the White House on April 1 to update the nation on the U.S. military operation against Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central