Post Tagged with: "embargo"

Source: Reuters

EU may clinch summit deal to embargo Russian oil shipments


BRUSSELS: EU countries scrambled on Friday to reach a deal that would embargo seaborne deliveries of Russian oil but still allow deliveries by pipeline, a compromise to win over Hungary and unblock new sanctions against Moscow, officials said.

An …

Source: Reuters

Russian oil embargo could be part of next EU sanctions package, ministers say


LUXEMBOURG – The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday, although there is still no agreement to ban Russian crude.

“They …