The European Union is going to introduce an oil embargo gradually until the end of 2022. However, next week the EU is likely to introduce other important restrictions against the Russian Federation.
As early as next week, the EU will announce the sixth package of sanctions against the Russian Federation , including the disconnection of Sberbank from the SWIFT system and the gradual introduction of an oil embargo.
Bloomberg writes about this, citing its own sources.
The EU plans to phase out Russian oil entirely later this year. However, by then, the Union will introduce restrictions gradually. Most likely, first Russian tanker oil will be subject to sanctions, and then pipeline oil.
The EU also discussed other options for reducing Russia’s oil revenues, including price caps and special payment mechanisms and tariffs. These measures are aimed at hitting Russian income as hard as possible and at the same time not harming the global market.
In addition, Belarus will now be included in the sixth sanctions list for its role in the Russian invasion, during which it provided the Russian Federation with territory for the occupying troops.
It should be noted that in the next package of sanctions, the EU will also seek to ensure that more banks from Russia and Belarus are disconnected from the SWIFT international payment system. We are talking, in particular, about the Russian Sberbank.
Other proposals that will be discussed as part of the new package of sanctions include restrictions on consulting and cloud services, as well as on the purchase of real estate. Also likely to be approved are individual sanctions against military officials, businessmen and their associates, as well as Russians responsible for war crimes in Ukraine.
Recall that, together with the president of the Center for Global Studies “Strategy XXI” Mikhail Gonchar, TSN.ua figured out what was happening on the energy front of the war that Putin started.
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