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.

EU Wages Censorship Jihad on Social Media Emojis

Unsatisfied with merely censoring words or phrases, the rulers of a culture that birthed free speech now chase control so far they even police emojis.

Don’t Miss the Jazz Renaissance Happening All Around You, Part 2

Something miraculous is happening in jazz right now, and the wider culture scarcely seems aware of it.

Hurry up and wait

The Marines are living in tight quarters, fighting monotony, waiting for the call. Their days are filled with the unglamorous work that keeps a force ready.

Rheortic: War of the Words

There is a dangerous shift in this country and it has to do with language, language that reshapes reality in the minds of the people hearing it.

May Day 2026 Exposes Enemies Within  

May 1st is May Day, a day somewhat confusing...

US Attorney Pirro Says Evidence Shows Agent Was Shot by Suspect’s Gun During DC Dinner

The bullet that hit a Secret Service agent just outside of the White House Correspondents’ Association dinner was fired by the gunman, not friendly fire.

OPEC+ Approves 3rd Oil Output Increase as Hormuz Tensions Persist

OPEC+ said Sunday that seven member countries will raise oil output targets by 188,000 barrels per day in June.

4 Noncitizens Charged With Illegally Voting in Federal Elections

Four noncitizen New Jersey residents are charged with illegally voting in federal elections and later lying about it on U.S. citizenship applications.

RFK Jr. Wants to Expand Regenerative Agriculture Pilot Program

RFK Jr. promoted regenerative farming to boost nutrient-rich food, proposing a pilot program that reduces red tape and improves farmer access.

US to Cut Troops in Germany a ‘Lot Further’ Than 5,000: Trump

President Trump said the U.S. will withdraw more troops from Germany amid disputes with Berlin over the Iran war.

Pentagon Forges Partnership With Leading AI Companies

The Pentagon has entered into an alliance with seven leading artificial intelligence (AI) companies, the Department of War announced on May 1.

Trump Announces New 25 Percent Tariff on Cars and Trucks From EU

President Trump plans to raise tariffs on EU-imported cars and trucks to 25%, with the new policy set to take effect next week.

Trump Says Gas Prices Will Fall ‘Like a Rock’ After Iran War Ends

President Donald Trump said on April 30 that gasoline prices would plummet once the war with Iran ends.
spot_img

Related Articles

Popular Categories

MAGA Business Central