The EU summit agreed on an oil embargo, but with exceptions. The European Union overcame the resistance of several skeptical states and made a political decision to impose an oil embargo on Russia. European Council President Charles Michel stressed that the dec... #CharlesMichel #EUsummit #OilEmbargo #RussianOilBan
The Polish Prime Minister suggested a solution that could help bring an agreement on the Russian oil ban. As Hungary holds out against an EU Russian oil ban, Poland has proposed introducing a price equalization system in the European Union so its fellow EU members can no longer benefit from continuing to ... #EUsanctions #EUsanctionsPackage #MateuszMorawiecki #RussianOilBan
Germany is among several nations ready to support the Russian oil embargo. “After these two months, I can say: Germany is not against the oil embargo on Russia. On the contrary, we are ready for it,” said German Minister of Economy Robert Habeck. According to th... #GermanyEnergy #OilEmbargo #RobertHabeck #RussianOilBan
Russia faces a significant oil production decrease due to sanctions . The International Energy Agency (IEA) predicts that the fall in oil production in Russia due to sanctions in April will be 1.5 million barrels per day and rise to 3 million barrels per day the follo... #OilEmbargo #RussianOil #RussianOilBan