EU finally proposes ban on Russian oil

 

In the midst of the ongoing war between Russia and Ukraine, the European Union (EU) has recommended an embargo on Russian oil.

The European Commission’s head, Ursula von der Leyen, announced this in a message on Thursday morning via her Twitter profile.

She said: “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 maximize pressure on Russia, while minimizing the impact on our economies.”

Leyen added, “We want 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.”

Recall that the war between Russia and Ukraine began in February this year.

Both neighbouring nations have been fighting for more than two months since President Vladimir Putin ordered the invasion of Ukraine due to some political differences.

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As of today, many casualties have since been recorded as a result of the war.