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“NYT”: The European Union is preparing a gradual embargo on Russian oil.  The date has fallen

“NYT”: The European Union is preparing a gradual embargo on Russian oil. The date has fallen

Discussions in the EU over sanctions against Russia had been going on for weeks. As the Brussels correspondent of the Polish Radio established earlier, it is to present on Saturday the proposal of the sixth package against Russia for its attack on Ukraine. The proposals include a certain form of an embargo on the import of Russian oil.

Gradual oil embargo. The decision is to be made soon

According to “”, citing anonymous officials, EU ambassadors will meet on Wednesday 4 May and are expected to give final approval to a gradual embargo on Russian oil by the end of the week.

Due to the fact that Russia cut off gas to Poland, the ambassador to the EU, Andrzej Sadoś, appealed for immediate restrictions and an embargo on the import of all energy resources. The work on the next sanctions was announced by the head of the European Commission herself – The sixth package of sanctions will appear in due time, we are working intensively on it – said the President of the European Commission, Ursula von der Leyen.

You can read more about the sanctions against Russia on the home page

“Smart sanctions” on Russia – are to hurt, but not raise prices in the markets

One of the EU diplomats told the Brussels correspondent of Polish Radio, Beata Płomecka, that work was underway to use mechanisms that would be painful for Russia, but would not raise prices on world markets. – It is about smart sanctions – he added, and listed among the possible restrictions also a ban on the sale of various technologies that Russia needs.

As for the embargo on oil imports, after Wednesday’s discussion of ambassadors it is known that Germany, which has so far blocked the decision in this matter, is ready to agree to a gradual embargo and a transition period, but not to duties and taxes, as postulated by .in. Poland.

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Source: Gazeta

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