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The European Union agrees on a maximum price for Russian oil / Article

Poland, which wanted an even lower rate, withdrew its objections, finally backing the EU proposal.

The decision will be officially announced next week, revealed Polish ambassador to the EU Andrzej Sados.

“We can officially agree with this decision,” Sados said, explaining that EU countries have agreed to go ahead with the ninth round of sanctions against Russia.

The Czech Republic, which presides over the EU, and EU diplomats from other countries confirmed that the deal had been approved and the bureaucratic procedure for its implementation had begun.

Starting Monday, the EU will impose an embargo on Russian crude oil, now supported by a maximum price agreed at a political level with Washington and the G7.

Sados described the oil embargo as the most significant sanctions ever imposed on Russia in response to its renewed invasion of Ukraine that began on February 24.

He also said Poland is now confident that Brussels will heed recommendations from Warsaw and the Baltic states for tougher measures in the next round of sanctions.

“We are working on the next sanctions package, which will be painful and costly for Russia,” Sados said.

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