Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

EU leaders agree "in principle" on Russia oil embargo - von der Leyen

Commodities May 30, 2022 11:01PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. European Commission President Ursula von der Leyen arrives for the European Union leaders summit, as EU's leaders attempt to agree on Russian oil sanctions in response to Russia's invasion of Ukraine, in Brussels, Belgium May 30, 2022. REUTERS/Johanna Ger

BRUSSELS (Reuters) - EU leaders have reached an agreement "in principle" on banning oil imports from Russia, European Commission chief Ursula von der Leyen said early on Tuesday.

"I am very glad that the leaders were able to agree in principle on the sixth sanctions package," she told reporters after the first day of an EU summit in Brussels.

"Council should now be able to finalise a ban on almost 90% of all Russian oil imports by the end of the year. This is an important step forward. On the remaining 10%, on these we will soon return to the issue of these remaining 10% of pipeline oil," she added.

EU leaders agree "in principle" on Russia oil embargo - von der Leyen
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (3)
Mart Bab
Rubberduck1973 May 31, 2022 1:14AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Finally some backbone by EU. Russia can find new sponsors for their murderous apparatus. Other less and sometimes poorer countries can sell gas and oil to the EU. And the EU can finally hyper speed up their sustainable energy development and by doing so, reduce independence on mafia like states. As it should have been done in the past.
Mart Bab
Rubberduck1973 May 31, 2022 1:14AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
And yes, a painful transition. But you simply can not by oil from the mafia and then condemn their practices.
Eric Malm
Eric Malm May 30, 2022 11:31PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Lets hope that the Russians answer with a gas blockade and redirects it to china and India. German industry is doomed if this happens.
Merideth Cohen
Merideth Cohen May 30, 2022 11:31PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Why would you hope for something that dooms German industry and helps China?
Oleksii Trugov
Oleksii Trugov May 30, 2022 11:31PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Another Putin's 🐔 ucker. I won't be surprised if this guy is from Germany or Hungary somewhere.
frankie cheah
frankie cheah May 30, 2022 8:19PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
It will ends up the entire European countries to solely rely on US without considering their own people stakes.
Thomas Phantom
Thomas Phantom May 30, 2022 8:19PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
loool
Oleksii Trugov
Oleksii Trugov May 30, 2022 8:19PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Oh yeah and relying on Russia, constantly blackmailing Europe with gas, has been so much better...
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email