EU split on Russia oil sanctions

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Russia’s bombardment of Ukraine is increasing pressure on the EU to take more action, but the bloc is split over energy sanctions.

| The European Union’s foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia’s lucrative energy sector over its invasion of Ukraine, with Germany saying the bloc was too dependent on Russian oil to decide an embargo.

But targeting Russian energy exports, as the United States and Britain have done, is a divisive choice for the 27-nation EU, which relies on Russia for 40 per cent of its gas. One EU diplomat said some hoped that by June the EU would have found enough alternative sources of energy to seriously consider an oil embargo. No date has been agreed though, and other EU states may have different targets in mind.

“Germany is importing a lot , but there are also other member states who can’t stop the oil imports from one day to the other,” she said, adding that the bloc should instead work on reducing its reliance on Moscow for its energy needs.

Women and children who fled Ukraine pass the time in a shelter set up in a primary school in Przemysl, Poland.But they cautioned that energy was one of the most complex sectors to sanction because each EU country has its own red lines.

 

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