Russia Says It Will Find Other Oil Buyers After EU Ban

Russia dismissed on Tuesday the partial EU embargo on its oil, saying it is confident it would find other buyers for its crude after the European Union reached a compromise deal to ban most Russian imports into the bloc. Late on Monday, the EU reached an agreement in principle to ban seaborne oil imports by the end of the year with an exemption for pipeline crude. The sixth package of EU sanctions against Russia will immediately impact 75% of Russian oil imports, and by the end of the year, 90% of the Russian oil imported by Europe will be banned,…