BRUSSELS: European Union (EU) countries agreed late Monday to reduce the amount of oil purchased from Russia by 90 per cent by the end of this year.European Commission President Ursula von der Leyen announced that EU countries had agreed at an EU leaders summit in Brussels to impose oil sanctions on Russia for its war on Ukraine.“I welcome the #EUCO agreement tonight on oil sanctions against Russia. This will effectively cut around 90 per cent of oil imports from Russia to the EU by the end of the year,” Anadolu Agency (AA) quoted von der Leyen as saying on Twitter.European Council President Charles Michel also commented on the move.“Agreement to ban the export of Russian oil to the EU. This
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