EU fails to agree on Russia oil embargo, will try again Monday

0
85

Officials said the EU failed on Sunday to agree on an embargo of Russian oil, but diplomats but will still try to make progress ahead of a Monday-Tuesday summit on an exemption for pipeline deliveries to landlocked Central European countries.

However, a senior EU diplomat said there was “still too much detail to sort out” to hope for an agreement before European Union leaders gather in Brussels on Monday afternoon.

The proposed sanctions on oil imports is part of the European Union’s sixth sanctions package on Russia over its invasion of Ukraine.

The package includes cutting Russia’s biggest bank, Sberbank, off from the SWIFT messaging system, banning Russian broadcasters from the EU and adding more people to a list of individuals whose assets are frozen and who cannot enter the EU.