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Reuters: Leaders of the 27 leave the final decisions on the embargo on Russian oil for later

European Union leaders are expected to agree at the summit later today that a package of sanctions being prepared should include an embargo on Russian oil, as punishment for Moscow invading Ukraine, but exclude pipeline deliveries. However,...

Reuters: ’27’ leave final decisions on European embargo on Russian oil

European Union leaders are expected to agree at the summit later today that a package of sanctions being prepared should include an embargo on Russian oil, as punishment for Moscow invading Ukraine, but exclude pipeline deliveries. However,...

EU: Ukraine, energy, food security and European defense at the Summit

The 27 European leaders are meeting in Brussels today for a two-day summit to discuss the situation in Ukraine, energy, food security and European defense. The Summit starts at 5 p.m. (Greek time) with the first...

Rising trajectory for crude prices

Oil prices are rising again today, hitting a two-month high as traders waited to see if the EU would reach an agreement banning Russian oil imports. Brent crude for July delivery was up 47 cents, or 0.4...

Upward trajectory for oil prices

Oil prices are rising again today, hitting a two-month high as traders waited to see if the EU would reach an agreement banning Russian oil imports. Brent crude for July delivery was up 47 cents, or 0.4...

Borrell appears optimistic about agreement on ban on Russian oil imports

EU member states will be able to agree on a new package of sanctions against Russia, which will include restrictions on Russian oil imports during the talks, European Union Foreign Minister Josep Borrell said today. "We have...