EU Commissioner: The European Union will not impose ban on Russian oil and gas

EU Commissioner for Foreign and Security Policy Josep Borrell has confirmed that the European Union will not impose a ban on Russian oil and gas due to its heavy dependence on this substance. He explained that the import of Russian oil forms a small part for the US and the country almost doesn’t need it but that’s not the case for the EU as Russia is a big supplier of energy over here.

On the other hand, Borrell considered that imposing a flight ban over Ukraine would lead to a third world war, pointing out that NATO would not interfere in Ukraine because it was not a member of it.

US President Joe Biden announced on Wednesday the imposition of a ban on the country’s imports of Russian oil and gas.

More details about Borrell’s statements are available in the following link:

https://www.cnbctv18.com/energy/eu-not-to-ban-russian-oil-like-us-josep-borrell-exclusive-12760882.htm

 

 

Inas Abdulkareem

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