EU’s Russia sanctions effort slows over oil dependency
2 years, 7 months ago

EU’s Russia sanctions effort slows over oil dependency

Associated Press  

BRUSSELS — The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraine appeared to bog down on Monday, as a small group of countries continued to oppose a ban on Russian oil imports. But limiting Russia’s energy income by weaning the EU’s dependency on Russian oil — not to mention Russian gas supplies — is proving a tougher nut to crack. European Commission President Ursula von der Leyen conceded at the time that securing the agreement of all “will not be easy.” Hungary is one landlocked EU country that is highly dependent on Russian oil, along with the Czech Republic and Slovakia. “Unhappily, today it has not been possible to reach an agreement” to end the oil stalemate, EU foreign policy chief Josep Borrell said after chairing a meeting of the bloc’s foreign ministers in Brussels. He said the European Commission’s proposal offered members a phaseout of Russian oil until Dec 31, 2024, and that “everybody expected that this would be enough.” But his Irish counterpart, Simon Coveney, acknowledged that “these are difficult, difficult issues for some countries,” and he added: “Let’s not focus on obstacles and negatives today.” At the same time, Coveney said, “we need to get on and do this.

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