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    Home > Chemicals Industry > International Chemical > European Commission proposes total ban on Russian oil imports by year-end

    European Commission proposes total ban on Russian oil imports by year-end

    • Last Update: 2022-05-08
    • Source: Internet
    • Author: User
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    European Commission President von der Leyen said on the 4th that the European Commission submitted the sixth round of sanctions proposals against Russia on the same day, including a complete ban on the import of Russian oil by the end of this year



    Von der Leyen said the European Commission's proposed ban on the import of Russian oil was a comprehensive import ban on Russian oil, "whether by sea or pipeline, whether it is crude oil or refined oil


    The proposed new round of sanctions against Russia also includes the exclusion of Russia's largest bank, Sberbank and two other large banks, from the Society for Worldwide Interbank Financial Communication (SWIFT) system, and a ban on the news information products of the three Russian state media from any kind.


    According to EU rules, the European Commission's proposal requires the unanimous consent of the 27 member states to enter into force




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