EU should step up sanctions on Russia to target its energy sector, ministers tell divided bloc

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EU ministers have begun a week of intense diplomacy aimed at agreeing to more steps against Moscow, with the decision on whether to target Russian oil a tough and divisive one

The European Union should step up sanctions on Russia to target its lucrative energy sector, the foreign ministers of Lithuania and Ireland said on Monday at the start of a week of intense diplomacy aimed at agreeing more steps against Moscow.

“Looking at the extent of the destruction in Ukraine right now, it’s very hard to make the case that we shouldn’t be moving in on the energy sector, particularly oil and coal,” Irish Foreign Minister Simon Coveney said before a meeting of EU ministers. “It’s unavoidable we start talking about the energy sector, and we can definitely talk about oil because it is the biggest revenue to Russia’s budget,” Lithuanian Foreign Minister Gabrielius Landsbergis said.

Dutch Prime Minister Mark Rutte told a separate meeting that the EU was still dependent on Russian oil and gas and could not cut itself off by tomorrow, making clear there were limits on what the bloc could do at this stage. U.S. President Joe Biden arrives in Brussels on Thursday for talks with NATO’s 30 allies, the EU, and in a Group of Seven format including Japan, designed to harden the West’s response to Moscow.

Russia invaded Ukraine on Feb. 24. Putin has called Russia’s actions a “special operation” meant to demilitarize Ukraine and purge it of what he sees as dangerous nationalists. Ukraine and the West say these are baseless pretexts for an aggressive war.

 

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For years, world watchers told us that nations' economies are increasingly intertwined in a state of growing interdependency. Now, the NWO apparatchik insanely calls for sanctions against Russia. It's shooting yourself in the foot by another name. EU nations need Russia.

Why is no one asking Calfrac Well Services (Calgary head office) to stop their $122M revenue business in Russia? One of the last Canadian companies still operating in Russia.

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