Reuters: EU lifts embargo on oil supplies from Russia

Reuters: EU lifts embargo on oil supplies from Russia…

Pipeline oil supplies from Russia may not fall under the EU embargo.

This was reported by Reuters in reference to the draft final statement of the EU summit.

At the same time, it is indicated that the European Union will consider the issue of a ban on the supply of oil through pipelines as soon as possible.

Earlier, Reuters reported that European diplomats will continue to try to agree on an embargo on Russian oil on May 30.

European Commission President Ursula von der Leyen warned on May 24 that EU leaders were unlikely to reach an agreement on an oil embargo against Russia at the May 30-31 summit.

According to her, if Brussels immediately imposes an embargo on Russian oil, then it is likely that Russian President Vladimir Putin “will be able to transfer the oil that he does not sell to the European Union to the world market, where prices will rise, and receive a large percentage.” According to her, this will “fill the military treasury” of Russia even more.