EU proposes gradual ban on Russian oil

EU proposes gradual ban on Russian oil in sixth round of sanctions against Moscow

Imposing measures that could reduce, or fully cut, Russian energy supplies to the EU have been a complicated task for the bloc.

This is because the region is reliant on Russia for several sources of energy, including oil.

In 2020, Russian oil imports accounted for about 25% of the bloc’s crude purchases, according to the region’s statistics office.

Russia’s unprovoked invasion of Ukraine, and evidence of war crimes, has pushed the EU to take bolder steps on energy sanctions.

But imposing measures that could reduce, or fully cut, Russian energy supplies to the EU have been a complicated task for the bloc.

https://www.cnbc.com/2022/05/04/eu-proposes-gradual-ban-on-r…

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Biden urges Congress to pass his $33 billion aid package; Israel reportedly plans to increase military aid to Ukraine

Earlier in the day, U.K. Prime Minister Boris Johnson announced a new £300 million ($375 million) package of British military aid to Ukraine.

“You are the masters of your fate, and no one can or should impose anything on Ukrainians,” Johnson said in a live video address to the Ukrainian parliament.

https://www.cnbc.com/2022/05/03/russia-ukraine-live-updates…

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