EU sanctions unlikely to include Russian oil ban – reports ...News

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EU sanctions unlikely to include Russian oil ban – reports
Hungary stalls bloc’s crude oil embargo plan A sixth round of Ukraine-related anti-Russia sanctions is unlikely to include an oil embargo, several media outlets reported citing sources within the EU government. According to Bloomberg, EU countries are still striving to agree on the sanctions package in full, and some member states believe that the decision on Russian oil should be postponed. Representatives of Hungary, insist that the embargo will have devastating consequences on their country’s economy. Hungarian Prime Minister Viktor Orban recently urged that any option for an oil embargo should be discussed at

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