EU Hopes Agreement On Russian Oil Ban Will Be Reached In May

EU Hopes Agreement On Russian Oil Ban Will Be Reached In May

OilPrice.com

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The European Union hopes it will reach this month a unanimous agreement on placing an embargo on Russian oil imports, EU diplomats and officials told Reuters on Friday.    A week after the European Commission officially proposed a full ban on Russian crude and oil product imports, to come into effect by the end of the year, the EU is still scrambling to find a common position, trying to persuade Hungary and some other central and eastern European countries to drop their opposition to an embargo. “We made progress, but…

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