DPA learned about the EU’s refusal of sanctions on the transportation of Russian oil

The decision has been postponed for now. At the same time, according to the interlocutors of the agency, the ban on European companies from insuring oil tankers carrying Russian oil is still part of the planned sanctions

The ban on the transportation of Russian oil is no longer included in the new package of European Union (EU) sanctions being developed against Russia. This was reported by the DPA agency, citing diplomatic sources in the EU.

According to the agency, in order to make a decision to include this provision in the sanctions package, further coordination is required at the international level, including agreement within the G7. (G7). At the same time, Greece, Cyprus and Malta oppose this measure, as they fear that it could unilaterally put their shipping companies at a disadvantage.

However, according to DPA interlocutors, the ban on European companies to insurance for oil tankers carrying Russian oil is still part of the planned sanctions against Russia.

The day before, on May 9, Bloomberg also reported on the EU plan to soften the sixth package of sanctions and reject the ban on the transportation of Russian oil. The lack of a unified position among the G7 countries played a major role in the decision to abandon this ban, the agency's sources specified.

Since the beginning of Russia's military operation in Ukraine, the EU has already introduced five packages of sanctions that affected Russian companies, banks, government officials, and assets of the Central Bank. However, the EU has not been able to resolve the issue of a ban on the import of Russian oil since March, fearing a lack of oil reserves and rising prices for it.

In early May, the head of the European Commission, Ursula von der Leyen, announced that the sixth package of EU sanctions should include phasing out Russian oil by the end of 2022 and cutting off a number of banks from SWIFT. Bloomberg and Reuters also reported that Brussels is proposing to ban European courts from providing services related to the transportation of Russian oil to third countries.

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The press secretary of the Russian President Dmitry Peskov, speaking about the possible refusal of the EU from Russian oil, warned that this decision would “hit everyone.” . At the same time, the United States, which had previously refused supplies, according to him, will remain on its own and “will feel much better than the Europeans.”

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