{"id":22702,"date":"2022-05-31T06:33:43","date_gmt":"2022-05-31T06:33:43","guid":{"rendered":"https:\/\/www.nsemgh.com\/?p=22702"},"modified":"2022-05-31T06:33:43","modified_gmt":"2022-05-31T06:33:43","slug":"eu-leaders-agree-to-ban-more-than-two-thirds-of-oil-imports-from-russia","status":"publish","type":"post","link":"https:\/\/www.nsemgh.com\/2022\/05\/31\/eu-leaders-agree-to-ban-more-than-two-thirds-of-oil-imports-from-russia\/","title":{"rendered":"EU leaders agree to ban more than two-thirds of oil imports from Russia"},"content":{"rendered":"<p>After hours of last-minute negotiations \u2013 and failure to come to agreement \u2013 <strong>European Union <\/strong>leaders have agreed to ban more than two-thirds of of all<strong> Russian oil imports<\/strong>.<\/p>\n<p>The ban, which President<strong> Zelenskiy<\/strong> spent Monday advocating EU leaders for as a show of unity against <strong>Vladimir Putin,<\/strong> was heavily resisted by <strong>Hungary<\/strong>. Earlier compromises included exempting Russian oil transported through the Soviet-era Druzhba pipeline for Hungary, <strong>the Czech Republic<\/strong> and <strong>Slovakia <\/strong>from the EU embargo.<\/p>\n<p>While the ban will put the \u201cmaximum pressure on Russia to end the war\u201d, as <strong>Charles Michel<\/strong>, president of the <strong>E<\/strong><strong>uropean Council<\/strong>, said on Twitter, it will also probably result in a hike in the already high gas prices across Europe, which is heavily reliant on Russian oil.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/x.com\/hashtag\/Unity?src=hash&amp;ref_src=twsrc%5Etfw\">#Unity<\/a> <\/p>\n<p>Agreement to ban export of Russian oil to the EU.\u00a0<\/p>\n<p>This immediately covers more than 2\/3 of oil imports from Russia, cutting a huge source of financing for its war machine.\u00a0<\/p>\n<p>Maximum pressure on Russia to end the war.\u00a0<\/p>\n<p> <a href=\"https:\/\/x.com\/hashtag\/EUCO?src=hash&amp;ref_src=twsrc%5Etfw\">#EUCO<\/a><\/p>\n<p>&mdash; Ant\u00f3nio Costa (@eucopresident) <a href=\"https:\/\/x.com\/eucopresident\/status\/1531391899218608133?ref_src=twsrc%5Etfw\">May 30, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We agreed in Versailles to phase out our dependency on Russian gas, oil &amp; coal as soon as possible.<\/p>\n<p>But this requires a plan: This is <a href=\"https:\/\/x.com\/hashtag\/REPowerEU?src=hash&amp;ref_src=twsrc%5Etfw\">#REPowerEU<\/a>.<\/p>\n<p>It has 4 pillars:<\/p>\n<p>\u2022 Saving energy<br \/>\u2022 Diversifying away from \ud83c\uddf7\ud83c\uddfa fossil fuels<br \/>\u2022 Massive investment in renewable energy<br \/>\u2022 Financing <a href=\"https:\/\/t.co\/mCKJkByFKu\">pic.twitter.com\/mCKJkByFKu<\/a><\/p>\n<p>&mdash; Ursula von der Leyen (@vonderleyen) <a href=\"https:\/\/x.com\/vonderleyen\/status\/1531393710415544325?ref_src=twsrc%5Etfw\">May 30, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After hours of last-minute negotiations \u2013 and failure to come to agreement \u2013 European Union leaders have agreed to ban more than two-thirds of of all Russian oil imports. The ban, which President Zelenskiy spent Monday advocating EU leaders for as a show of unity against Vladimir Putin, was heavily resisted by Hungary. Earlier compromises [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":22369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[461,12],"tags":[8348,5714,6849,159,6621,9505,3182,1195,4579,5491,5626,8000,5441,3805,10390,71,3457,5732,5217,5760,5350,5180,7231,11957,6238,694,5251,3954,6874],"class_list":["post-22702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-world-news","tag-ban","tag-czech-republic","tag-embargo","tag-eu","tag-europe","tag-european","tag-european-council","tag-european-union","tag-european-union-eu","tag-gas","tag-hungary","tag-negotiations","tag-oil","tag-president","tag-prices","tag-putin","tag-russia","tag-russia-oil","tag-russian","tag-slovakia","tag-twitter","tag-ukraine","tag-union","tag-unity","tag-ursula-von-der-leyen","tag-vladimir-putin","tag-war","tag-will","tag-zelenskiy"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/22702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=22702"}],"version-history":[{"count":0,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/22702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/22369"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=22702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=22702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=22702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}