Russia hits back at the EU’s partial oil embargo, says it will find other importers for its crude

Posted on AllSides May 31st, 2022
From The Center
Energy, Crude Oil Ban, Russia, Europe, Embargo
Attila Kisbenedek | Afp | Getty Images

Moscow has pledged to find other importers for its oil shortly after the world’s largest trading bloc agreed to impose a partial embargo on Russian crude.

The European Union on Monday decided to ban most Russian oil imports by the end of the year as part of new measures designed to punish the Kremlin over its unprovoked invasion of Ukraine.

The move was hailed by EU foreign policy chief Josep Borrell as a “landmark decision to cripple [Russian President Vladimir] Putin’s war machine.”

It covers Russian oil brought into the bloc by sea,...

Read full story
Some content from this outlet may be limited or behind a paywall.


AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
See full bias rating for CNBC
Learn about media bias

More News about Energy from the Left, Center and Right

From the Left

From the Center

From the Right