- Analytics
- News and Tools
- Market News
- EU working on Russia oil sanction deal for next week's summit that would exclude pipeline flows - Reuters
EU working on Russia oil sanction deal for next week's summit that would exclude pipeline flows - Reuters
European Union nations are reportedly working on a Russia oil sanction deal that could be signed at next week's EU Council Summit that would exclude oil delivered into the EU via pipelines, two EU officials told Reuters. Bloomberg had reported something similar earlier in the day.
The exclusion of oil delivered by pipelines is designed to win over the approval of landlocked nations such as Hungary, who have thus far pushed back against plans for a broad EU ban on Russian oil imports. Leaders of EU 27 nations will be meeting on 30-31 May and any EU sanction plan must get unanimous approval from all nations.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
