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The EU proposes a total ban on Russian oil imports, cutting out crude within 6 months

May 4, 2022


The European Union has proposed a total ban on Russian oil imports, including cutting out crude within six months, as it seeks to step up the pressure on the Kremlin over the invasion of Ukraine.

European Commission President Ursula von der Leyen said the bloc would wean itself off Russian oil in “an orderly fashion” as she proposed a sixth package of sanctions in a speech to the European Parliament on Wednesday.

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