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Swarajya's video: European Union Agrees To Embargo Most Russian Oil Imports

@European Union Agrees To Embargo Most Russian Oil Imports
European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support. The embargo covers Russian oil brought in by sea, allowing a temporary exemption for imports delivered by pipeline, a move that was crucial to bring landlocked Hungary on board a decision that required consensus. EU Council President Charles Michel said the agreement covers more than two-thirds of oil imports from Russia. Ursula Von der Leyen, the head of the EU’s executive branch, said the punitive move will “effectively cut around 90% of oil imports from Russia to the EU by the end of the year.” Michel said leaders also agreed to provide Ukraine with a 9 billion-euro ($9.7 billion) tranche of assistance to support the war-torn country’s economy. It was unclear whether the money would come in grants or loans. Mikhail Ulyanov, Russia’s permanent representative to international organizations in Vienna, responded to the EU’s decision on Twitter, saying: “As she rightly said yesterday, Russia will find other importers.” “We want to stop Russia’s war machine,” Michel said, lauding what he called a “remarkable achievement.” Subscribe to Swarajya on YouTube. Get a Swarajya subscription: https://subscriptions.swarajyamag.com/join-us Website: https://swarajyamag.com/ Twitter: https://twitter.com/SwarajyaMag Facebook: https://www.facebook.com/swarajyamag

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This video was published on 2022-05-31 16:00:07 GMT by @Swarajya on Youtube. Swarajya has total 164K subscribers on Youtube and has a total of 4.3K video.This video has received 18 Likes which are lower than the average likes that Swarajya gets . @Swarajya receives an average views of 2.7K per video on Youtube.This video has received 3 comments which are lower than the average comments that Swarajya gets . Overall the views for this video was lower than the average for the profile.Swarajya #EuropeanUnion #UkraineWar #RussianOil #OilImport #Russia #Ukraine #Europe #RussianGas Subscribe has been used frequently in this Post.

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