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EU leaders agree on partial embargo on Russian oil

31 May 2022
22511
2022-05-31 09:06

European Union leaders reached a compromise to impose a partial oil embargo on Russia at a summit focused on helping Ukraine with a long-delayed package of sanctions that was blocked by Hungary.

The watered-down embargo covers only Russian oil brought in by sea, allowing a temporary exemption for imports delivered by pipeline. The EU had already imposed five previous rounds of sanctions on Russia. 

It has targeted more than 1,000 people individually. But the sixth package of measures announced May 4 had been held up by concerns over oil supplies. The impasse embarrassed the bloc, which was forced to scale down its ambitions in a bid to get Hungary on board.

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