EU Avoids Russian Oil Boycott

https://www.politico.eu/article/eu-sanction-russia-oil-war-c…

The European Union will not ban Russian oil imports for now and will focus on the far easier task of cutting out less valuable coal instead, despite evidence of apparent war crimes committed by President Vladimir Putin’s forces in Ukraine.

Under a sanctions package put to member countries by the European Commission on Tuesday, Russian coal deliveries worth €4 billion a year will be removed from the bloc’s energy imports. There will be bans on Russian vessels and trucks entering the EU and tougher sanctions on four key Russian banks, which will be totally cut off from the markets.

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