EU leaders back immediate sanctions on 75% of Russian oil imports; Moscow’s assault on key eastern city taking longer than hoped, separatist leader says
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EU leaders have backed a partial embargo on Russian oil after talks stretched late into Monday night at a summit in Brussels.
The president of the European Council, Charles Michel, hailed the deal as a “remarkable achievement” that would place “maximum pressure on Russia to end the war”.
The sanctions will immediately impact 75% of Russian oil imports. And by the end of the year, 90% of the Russian oil imported in Europe will be banned,” Michel said.
This is a remarkable achievement by the European Council.
We do not underestimate all the difficulties. We know that we needed a few weeks before we were able to take a decision.
A landmark decision to cripple Putin’s war machine.
Our unity is our strength.”