The EU has developed a plan to abandon Russian gas, – European Commissioner
The European Union has developed a plan to abandon Russian gas. Source: European Commissioner for the Internal Market Thierry Breton The European Union plans to increase liquefied gas purchases in the United States and Qatar, as well as expand green energy capacity. “This new plan will include 50 billion cubic meters of liquefied natural...
The EU is already working on the seventh package of sanctions against Russia
The European Union has already begun work on new sanctions against Russia. This will be the seventh package from the beginning of the full-scale invasion of Ukraine. Source: Polish Deputy Minister of Foreign Affairs Pawel Jablonski When asked whether the work on the seventh package of sanctions has already begun, the representative of the Polish...
Putin must witness Russia’s strategic defeat, – European Commission President
Ukraine must win the war against Russian aggression, while Putin must suffer a severe strategic defeat. Source: European Commission President Ursula von der Leyen “Ukrainians must win this war, and Putin must witness a severe strategic defeat. It must be clear that invading a sovereign country will cost the aggressor dearly. We all stand...
Italy is ready to help with the demining of the Black Sea for grain exports from Ukraine
Italy hopes for a leading role of the United Nations in opening corridors for grain exports from Ukraine and is ready to help with demining. Source: Italian Foreign Minister Luigi Di Maio Luigi Di Maio said that Italy was promoting the idea of creating maritime corridors for food exports from Ukraine through Ukrainian ports, especially wheat....
OPEC may exclude Russia from the oil-production deal
The Organization of the Petroleum Exporting Countries (OPEC) may exclude Russia from the oil-production deal. Because the European embargo will undermine its ability to produce more oil. Source: OPEC members Some OPEC members are exploring the idea of ending Russia’s participation in the oil deal. This means that Russian oil on the world...
EU and UK hit Russian oil cargoes with insurance ban
The United Kingdom and the European Union have agreed to ban the insurance of tankers carrying Russian oil. This agreement will effectively deprive Russia of access to Lloyd’s of London largest insurance market. Source: EU leaders All tankers transporting Russian oil anywhere in the world will be banned. This will undermine Russiaʼs efforts...
The European Union will stop importing 90% of Russian oil by the end of the year
The President of the European Council Charles Michel said that the leaders of the European Union had agreed on a partial ban on imports of Russian oil and other restrictions under the 6th package of sanctions against Russia. Source: The President of the European Council Charles Michel European Union leaders have agreed on a plan to block more...
EU sanctions on Russian oil embargo will not apply to pipelines
The European Union has previously approved an embargo on Russian oil supplies. The ban will not apply to fuel supplied by pipelines. Source: Draft EU summit conclusions Participants in the European Council summit agreed that this package of sanctions against Russia should apply to crude oil. In this case, the oil supplied by the pipeline will be...
Belarusian President is complicit in Russia’s attack on Ukraine, – US Secretary of State
The leader of the Belarusian regime, Alexander Lukashenko, is an accomplice in the Russian Federation’s war against Ukraine. Source: US Secretary of State Antony Blinken US Secretary of State Antony Blinken congratulates on the day of solidarity with Belarus. “On this day of solidarity with Belarus, we remember the suffering caused by...
EU can agree Russia oil embargo, or seek alternative, – Minister of Economy of Germany
The EU may still agree on an embargo on Russian oil in the coming days or consider “other instruments” if no agreement is reached. Source: Minister of Economy of Germany Robert Habeck Habeck said all EU countries had to reduce their oil dependency. “That includes Hungary. If you take that as the basis of discussion, then an...