EU may exempt two countries from oil embargo on Russia

Europe mentioned sanctions on Russian power.

Many countries on the continent are dependent on Russia’s fuel and oil.

On this context, the European Fee plans to exempt Hungary and Slovakia from the Russian oil buy embargo.

Vitality sanctions towards Russia on the agenda within the EU

The Fee is predicted to finish its work on the sixth package deal of sanctions towards Russia for its actions in Ukraine on Tuesday.

It’s acknowledged that the sanctions package deal may even embody a ban on buying Russian oil.

Hungary, which is closely dependent on Russia for oil, has repeatedly mentioned it is not going to take part in energy-related sanctions.

Debating exemption for Slovakia and Hungary

Slovakia can be one of many EU countries that’s most dependent on Russian fossil fuels.

Based on the information of Reuters; An EU official mentioned the Fee might suggest “an exemption or a protracted transition interval” to Slovakia and Hungary.

Quantity paid to Russia since February 24

The European Union is 26 % dependent on Russia for oil imports, however this example differs among the many member states of the union.

EU countries have paid about 20 billion euros to Russia since February 24, when the assaults on Ukraine started.

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