The Politician: EU countries agree to tougher energy sanctions against Russia

The Politician: EU countries agree to tougher energy sanctions against Russia

May 14, 2023 - 15:19
May 23, 2023 - 10:02
The Politician: EU countries agree to tougher energy sanctions against Russia


EU countries are not against tougher energy sanctions against Russia, the US newspaper Politico reported, citing sources. "There is currently no significant opposition to increased enforcement of existing energy embargoes, including by countries which are believed to benefit from undeclared Russian oil imports,” one of the sources said. The working version of the sanctions package, according to the newspaper, bans ships carrying Russian oil unofficially from entering EU ports. The measures introduced are part of a broader sanctions package that will be aimed at countering the activities of third countries that continue and expand trade with Russia. Western oil sanctions against Moscow took effect on December 5, 2022: the European Union has stopped accepting Russian oil transported by sea, and the G7 countries, Australia and the EU introduced a maximum price for sea transport at the level of $ 60 per barrel - it is also forbidden to transport and insure expensive oil. Russia, in response, has banned since February 1 the supply of oil to foreigners, if the contracts directly or indirectly provide for the use of the price cap mechanism.