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Added on the 30/05/2022 11:59:08 - Copyright : Euronews EN
EU leaders back a ban on most Russian oil imports, after a compromise deal with Hungary to punish Moscow for the war in Ukraine. "It's important to show that we are able to be strong ... that we are able to be tough in order to defend our values, to defend our interests," says President of the European Council Charles Michel.
EU leaders were hoping Monday to persuade Prime Minister Viktor Orban to back a watered-down oil embargo against Russia after a month of haggling over a blocked sanctions package. But the Hungarian leader, who has demanded an exemption from the ban and guarantees for his country's energy supply, warned on arrival at the EU summit that no compromise had yet been reached. FRANCE 24's Catherine Nicholson tells us more.
EU leaders will discuss food security and energy at a special summit on Monday.
With world leaders at Davos set to discuss energy independence and sustainability, Germany's economy minister says an EU ban on Russian oil could be "days away". Meanwhile, supply chain disruptions to the world economy are also on the agenda. FRANCE 24's Business Editor Kate Moody reports from the Swiss Alps.
The bloc has decided to phase out all purchases of Russian coal. Should oil and gas be next? View on euronews
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