2022.05.02 11:10 GMT+8

EU to propose phasing out Russian oil in new sanctions wave

Updated 2022.05.02 11:10 GMT+8
CGTN

The European Union will propose a phased ban on Russian oil imports as part of a new round of sanctions against Russia. The European Commission, which draws up sanctions for the bloc, is currently preparing a text that could be put to the 27 member states as early as Wednesday. Several diplomats said the ban on oil came after a U-turn by Germany, which had said the measure would be too damaging to its economy.

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