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  The EU has reached an agreement! Cut off 90% of Russian oil imports by year-end
 

2022-06-07 18:36:03

 

[Europe] The EU has reached an agreement! Cut off 90% of Russian oil imports by year-end

 

The European Union (EU) held a summit in Brussels, Belgium on the 30th to discuss the sixth round of sanctions against Russia. EU leaders said on the 30th that the ban on about 90% of Russian oil imports will be completed by the end of this year, and Russia's largest bank " Sberbank is excluded from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system.

European Council President Charles Michel tweeted on the 30th that EU leaders have reached an agreement to impose an embargo on two-thirds of Russia's oil imports into Europe, a move that drastically cuts Russia's sources of funding for the war machine. Russia exerts maximum pressure to end the war. Michel was referring to Russia's war of aggression against Ukraine, which began on February 24 this year.

Michel said in a separate tweet that the leaders also agreed to kick Russia's largest bank, Sberbank, out of the Society for Global Interbank Financial Telecommunication and to impose a ban on three Russian state broadcasters, with additional sanctions. Individuals suspected of committing war crimes in the Russian-Ukrainian conflict.
 
European Commission President Ursula von der Leyen also tweeted that he is glad that leaders of various countries have reached an agreement in principle on the sixth round of sanctions against Russia, which is an important step forward. Before the end of this year, the It can effectively reduce 90% of the oil imports from Russia to the EU.