---
title: "EU/Russian Oil Embargo?"
type: "post"
post_id: "2352"
slug: "eu-russian-oil-embargo"
canonical: "https://pennyforyourthoughts2.ca/2022/05/31/eu-russian-oil-embargo/"
markdown_url: "https://pennyforyourthoughts2.ca/2022/05/31/eu-russian-oil-embargo.md"
json_url: "https://pennyforyourthoughts2.ca/2022/05/31/eu-russian-oil-embargo.json"
txt_url: "https://pennyforyourthoughts2.ca/2022/05/31/eu-russian-oil-embargo.txt"
published: "2022-05-31T12:07:22+00:00"
modified: "2022-05-31T12:07:22+00:00"
author: "penny2"
categories:
  - "Uncategorized"
tags:
  - "EU"
  - "Pipelines"
  - "Russia"
  - "Ukraine"
site_name: "PFYT2"
publisher: ""
language: "en-US"
generator: "easyPress Markdown"
generator_version: "1.0.6"
---
**Hardly. Despite suggestive headlines. Perhaps the EU isn’t as insane as had been suspected? Perhaps?**

<https://www.scotsman.com/news/world/russian-oil-sanctions-eu-leaders-agree-to-ban-90-of-russian-oil-by-year-end-3715065>

> **The embargo covers Russian oil brought in by sea, allowing a temporary exemption for imports delivered by pipeline**.
> 
> Ursula Von der Leyen, the head of the EU’s executive branch, said the punitive move will **“effectively cut around 90% of oil imports from Russia to the EU by the end of the year”**
> 
> **Both Mr Michel and Ms Von der Leyen said leaders will soon return to the issue, seeking to guarantee that Russia’s pipeline oil exports to the EU are banned at a later date.**

**Looks as if the EU bought some time.. likely with the hope the Russia/Ukraine situation will be resolved.**
