NYT called the timing of the decision of the EU on the embargo on Russian oil

30.04.2022
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NYT called the timing of the decision of the EU on the embargo on Russian oil
Photo is illustrative in nature. From open sources.
According to sources of the publication, this measure "divided the members of the bloc" and now there is an active discussion of the embargo. The newspaper notes

The European Union is likely to approve a phased embargo on Russian oil as early as next week . This was reported by The New York Times with reference to unnamed European officials.

The interlocutors of the publication noted that this measure had long been postponed and "divided the members of the bloc." Intense negotiations will continue from 30 April to 1 May before the European Commission may decide to do so, they said.

Le Pen called the embargo on energy resources from RUSSIA “hara-kiri for Europe” Politics

Since the beginning of Russia's military operation in Ukraine, Western countries, including the US and the EU, have already introduced several packages of sanctions against Moscow. The EU introduced the previous, fifth package of restrictions on April 8.

The sanctions  , among other things, banned the import and transit of coal from Russia, the EXPORT of printing paper, planting material, the supply of some turbines and engines, and particle accelerators. The restrictions also imply an extended ban on the import of petrochemical equipment, including for LNG projects.

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The fact that the European Commission is preparing the sixth package of sanctions against Russia, which implies restrictions on the oil sector, was said in mid-April by the HEAD of the EC, Ursula von der Leyen. As French Foreign Ministry spokeswoman Anne-Clair Legendre clarified on April 29, France expects the introduction of new EU sanctions against Russia, including restrictions on oil in the near future.

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In total, the EU is considering three possible scenarios for Russian oil, sources told Bloomberg: an embargo, setting a cap price, and creating a “payment mechanism to retain the proceeds” that Moscow has received since the start of a military special operation against Kyiv.

The head of the Russian Ministry of Finance, Anton Siluanov, said earlier that Russian oil production could fall by 17% this year, and it is still difficult to predict the future of energy sales from Russia. Will there be a decrease in production? Will be. In what volumes: 17%, a little less or a little more, perhaps, ”the official pointed out.
 

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