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The EU will cut imports of Russian oil by 92%, and another embargo awaits Putin

Macron also does not rule out the imposition of an embargo on gas supplies to the EU from Russia.

Against the background of Russia’s full-scale military invasion of the territory of independent Ukraine, French President Emmanuel Macron said that by the end of 2022, the European Union will reduce imports by 92%. Russian oil.

This is reported West France.

The President noted that he does not rule out an embargo on gas supplies to the EU from Russia.

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Macron also stressed that France will work to unblock the supply of Ukrainian grain. He also confirmed that Russian oligarchs would be subject to new sanctions, and Sberbank would be disconnected from SWIFT.

The sixth package of sanctions against the Russian Federation: what is known

4 May European Commission President Ursula von der Leyen introduced the sixth package of sanctions EU versus Russia, including an oil embargo and the disconnection of Sberbank from SWIFT.

Against the introduction of a ban on the supply of Russian oil Hungary is in favor.

May 29 Bloomberg citing sources reportedthat the European Commission suggests that the EU countries refuse to import Russian oil by sea, at the same time postponing restrictions on its import from the key Druzhba pipeline.

Subsequently European Union agreed on a partial embargo on Russian oil.

The agreement to ban the export of Russian oil to the EU covers more than 2/3 of oil imports from Russia, reducing a significant source of funding for its military machine.

In addition, the new package of European sanctions includes cutting off the Russian Sberbank from the SWIFT international interbank system, blocking the broadcast of three more Russian state broadcasters in the EU, and imposing sanctions on those responsible for war crimes in Ukraine.

The head of the European Council, Charles Michel, said that sanctions against Russia could announce June 1st or 2nd.

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