The EU is destroying its own energy security with the planned Russian oil embargo ...News

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The EU is destroying its own energy security with the planned Russian oil embargo
With no clear alternatives and surging energy prices, sanctions look set to hurt the bloc more than they will harm Russia The European Union, this week, announced ambitious proposals to embargo the importation of Russian oil by the end of 2022. After teeth-pulling negotiations which have been met with strident objections from several member states, including Hungary and Slovakia, and public doubt over the impact of such measures, its Commission President Ursula Von Der Leyden declared that these measures would be gradually implemented throughout the course of the year. This didn’t reassure markets, with crude oil

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