BAN BOUND TO HAPPEN - PRESIDENT OF THE EUROPEAN COMMISSION URSULA ON RUSSIAN OIL IMPORT
EU TO PHASE-OUT OIL IMPORTS FROM RUSSIA WITHIN 6 MONTHS COMPLETELY EXTENSION OPTION FOR HUNGARY AND SLOVAKIA The President of the European Commission Ursula Von der Leyen announced the ban on Russian Oil imports addressing the European Parliament at the 6 th sanction slash against Russia at Strasbourg. The Russian Oil ban, she mentioned in precise includes, complete import restriction on the crude oil, oil channelled via sea line and pipe-line from Russia in to European Union. Ursula’s announcement provided clarity to the member states and partners, who are heavily dependent on Russian Oil that the complete ban also refers to a systematic phase-out play of six months. She clarified that within six month of time, the alternatives for oil are to be worked out, and at the end of the year, Europe aims of having zero oil imports from Russia, and is to engage with the new alternative. The correspondent of DW News confirms about the time extension of more than a year will be given to...