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‘Won’t be easy, but have to work on it,’ EU proposes ban on Russian oil

As part of its sixth package of sanctions, the EU will also de-swift 3 Russian banks, and ban 3 state broadcasters.

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New Delhi: The European Union has proposed a ban on Russian oil as part of its sixth round of sanctions on the country for its invasion of Ukraine.

President of the European Commission Ursula von der Leyen tweeted: “Finally, we now propose a ban on Russian oil. Let’s be clear: it will not be easy. But we simply have to work on it. We will make sure that we phase out Russian oil in an orderly fashion. To maximise pressure on Russia, while minimising the impact on our economies.”

Von der Leyen was speaking at the European Parliament during a discussion on the next package of sanctions against Russia.

 The EU chief also said they would list “high-ranking military officers and other individuals who committed war crimes in Bucha. We know who you are. And you will be held accountable.

 She added: “Second, we de-swift Sberbank – by far Russia’s largest bank – and two other major banks.

 “Third, we are banning three big Russian state-owned broadcasters from our airwaves, that amplify Putin’s lies and propaganda aggressively.

Von der Leyen said the West wanted Ukraine to win this war. “Yet so much has to be rebuilt. That is why I am proposing to start working on an ambitious recovery package for our Ukrainian friends. This package should bring massive investment to meet the needs and the necessary reforms.


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