you lowlife ukrainian. mona lisa with cream cake, a man is held after attempting to deface the world famous portrait in the louvre museum in paris. hello and welcome to the programme. by the end of the year, the eu will be blocking 90% of its oil imports from russia. that is the message coming from the eu member states, as they impose further sanctions against vladimir putin s government, over its invasion of ukraine. the bloc agreed to ban more than two thirds of russian oil imports, immediately, at a summit in brussels, where hungary, heavily dependent on russian oil, resisted a full oil embargo. the european commission president, ursula von der leyen said the agreement was very significant, for reasons of climate, as well as dealing with moscow. it isa it is a big step forward, what we did today, because indeed we now have gotten rid of cole and this was already very difficult. now we have basically the political agreement, how to phase out oil in a clear timeframe and we
european union leaders have agreed a compromise plan to block more than two thirds of russian oil imports. european council chief charles michel said the deal cut off a huge source of financing for the russian war machine. he added that it put maximum pressure on russia to end the war . european commission president ursula von der leyen praised the deal. i m very glad that the leaders were able to agree in principle on the sanctions package. this is very important, thanks to this council should now be able to finalise a ban on almost 90% of all russian oil imports by the end of the year. joining me now is janet mui, investment director, brewin dolphin. yesterday the oil price was up around $120 a barrel. what will this do to relieve the pressure on the oil price? this will incrementally support the oil prices, of course we also have the story that china is reopening shanghai so that will also put pressures on oil price. i think so far the supply from russia will be diverte
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