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.

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...

The Trump Doctrine As Applied Towards Russia Closely Resembles The Reagan Doctrine

As applied towards Russia,, the Trump Doctrine more closely resembles the Reagan Doctrine.

Qatari-Donated Jet to Be Used as Interim Air Force One Starting This Summer

The U.S. Air Force said the bridge aircraft, which will temporarily transport President Trump, had completed the necessary modifications and flight tests.

Spirit Airlines Shuts Down After Rescue Efforts Fall Short

All flights have been canceled as Spirit halts operations, bringing a major U.S. budget airline to a sudden end after months of restructuring.

Trump Says Agent Shot at Correspondents’ Dinner Was Not Hit by Friendly Fire

The federal agent that was injured during an alleged assassination attempt at the White House Correspondents’ Dinner was not shot via friendly fire.

Department of Education: New Student Loan Restrictions Take Effect Within 2 Months

Loan limits and other “commonsense” measures for financing higher education and protecting families and taxpayers should be in place within two months.

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.

King Charles, Queen Camilla Greeted by President Trump, First Lady

President Donald Trump and First Lady Melania Trump welcomed King Charles III and Queen Camilla of the UK at the South Porticos of the White House on April 27.
spot_img

Related Articles

Popular Categories

MAGA Business Central