World

‘Putin must pay a price’: EU plans Russian oil ban by the end of the year in new package of sanctions

The European Union has announced plans to ban Russian oil by the end of the year as part of a sixth package of sanctions in response to the war in Ukraine.

European Commission President Ursula von der Leyen told the bloc’s parliament in Strasbourg that member states should cease to buy oil supplies within six months and associated products from Russia by the end of 2022.

The sanctions are yet to be formally approved by member states.

Articles You May Like

Blue Origin NS-30 Crew Announced: Everything You Need to Know
Sean ‘Diddy’ Combs lawyers argue ‘racist’ criminal charge should be dismissed
Low-paid jobs at risk from Labour’s tax increases on businesses
Protests erupt at Tesla dealers as China holds FSD hostage in tariff war
Elon is setting up shop in India as first Tesla Semi station gets real (6 years late)