EU leaders agree to ban export of Russian oil to the bloc
FILE PHOTO – European Council President Charles Michel speaks during a joint news conference with Sweden’s Prime Minister Magdalena Andersson (not seen) in Stockholm, Sweden May 25, 2022. TT News Agency/Fredrik Sandberg via REUTERS
BRUSSELS — EU leaders agreed on Monday to ban the export of Russian oil to the 27-nation bloc, EU Council President Charles Michel said.
“This immediately covers more than two thirds of oil imports from Russia, cutting a huge source of financing for its war machine,” Michel wrote on Twitter.
This sanctions package includes other hard-hitting measures:
de-Swifting the largest Russian bank Sberbank,
banning 3 more Russian state-owned broadcasters,
and sanctioning individuals responsible for war crimes in #Ukraine#EUCO
— Charles Michel (@eucopresident) May 30, 2022
The leaders also agreed to cut off the largest Russian bank Sberbank from the SWIFT system and to ban three more Russian state-owned broadcasters, he added.
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