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Added on the 23/06/2022 18:59:27 - Copyright : Euronews EN
The exclave, sandwiched between Lithuania and Poland, is of strategic importance for Russia, which acquired the territory after WWII.
Fresh EU sanctions on Russian crude and refined oil have been on the table for weeks without progress.
The proposed embargo has hit an impasse as Hungary demands a lengthier phase-out and extra investments to revamp its energy system.
Gerhard Schröder still holds positions at Rosneft, Russia's leading oil company, and Nord Stream AG.
Twelve days after the Commission unveiled its plans to impose a phased embargo on Russian oil, negotiations are still dragging on. Hungary is now being accused of keeping the sanction package "hostage".
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