Ambassadors from the 27 European Union member states met again to come to an agreement that would enable them to break the deadlock on a sixth round of economic sanctions against Russia. This included a severe sanction on Russian oil exports to EU members.
The latest round of proposed sanctions was blocked by landlocked Hungary, which is dependent for 65% of its oil needs on Russian crude supplied via the Druzhba pipeline. Hungary called the attempt to wean off of Russian Oil in two years as inadequate; Hungary asked for 800 million euros ($860 million) to upgrade its refineries to process non-Russian crude and increase pipeline capacity from Croatia.
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