EU sticks to 2028 target to end Russian oil imports, says no pressure from US
The post EU sticks to 2028 target to end Russian oil imports, says no pressure from US appeared on BitcoinEthereumNews.com.
The European Union is moving ahead with its plan to stop buying oil and gas from Russia by January 1, 2028, and that deadline is not changing, even with president Donald Trump telling European leaders to cut ties with Moscow now. On Thursday, Trump told European officials to halt oil purchases from Russia, but didn’t give them a deadline, according to Reuters, which first reported the development from Copenhagen on September 5. On Friday, Dan Jorgensen, who handles the EU’s energy policies, made it clear in an interview that Washington hasn’t asked him to fast-track the deadline. “Not only has Putin weaponised energy against us, blackmailed member states, we are actually also indirectly helping finance Putin’s war, and that needs to stop. And if President Trump agrees to that, then that is only a welcome support, because that is certainly our main objective,” Jorgensen said. Right now, the European Union is finalizing legal rules to formally ban oil and gas imports from Russia within the next three years. These imports have been one of Russia’s biggest cash flows since its full invasion of Ukraine in 2022, and that money has gone straight into funding its war effort. Hungary and Slovakia resist, want gas and oil to keep flowing Not every EU country is on board. Hungary and Slovakia are still bringing in about 200,000 to 250,000 barrels of Russian oil every day through the Druzhba pipeline. That’s around 3% of the entire bloc’s oil needs. They’re also buying Russian gas and aren’t happy about Brussels’ timeline, warning that this cut-off could jack up energy prices and trigger shortages in their countries. Robert Fico, the prime minister of Slovakia, stood his ground during a press conference on Friday after meeting Ukrainian President Volodymyr Zelenskiy. He refused to comment on Trump’s remarks…
Filed under: News - @ September 6, 2025 2:29 am