Article 5ZT2W EU leaders agree to partial embargo of Russian oil imports

EU leaders agree to partial embargo of Russian oil imports

by
Jennifer Rankin in Brussels
from on (#5ZT2W)

Two-thirds of imports will be banned and Sberbank ejected from Swift but Hungary, Czech Republic and Slovakia to keep supplies

The European Union has agreed to a partial embargo on Russian oil after late-night talks at a summit in Brussels.

The president of the European Council, Charles Michel, hailed the deal as a remarkable achievement", after tweeting on Monday night that it immediately covers more than two-thirds of oil imports from Russia, cutting a huge source of financing for its war machine".

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