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• Russian natural gas is the main fossil fuel that EU buys from Russia
European Commission President Ursula von der Leyen hinted at a possible embargo on Russian oil in the coming days at the World Economic Forum in Davos.
She said that she was hoping that an agreement to sanction Russian oil will be reached in the coming days.
“I hope we are talking about days. So what we are looking at is one or two member states that are landlocked, so cannot have oil via the sea and need alternatives in pipelines and in refineries, and there we are trying to find solutions,” said von der Leyen.
Of the 27 nation-bloc, countries such as Hungary, Slovakia and the Czech Republic have blocked the proposed oil embargo on Russia for several weeks. All member states need to approve any sanctions imposed by the EU, for implementation.
The EU President said there was no doubt that “we are witnessing how Russia is weaponizing its energy supplies.”
Russian natural gas is the main fossil fuel that the EU buys from Russia.
Source: WEF
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