Energy experts say the European Union’s decision to ban nearly all oil from Russia to punish the country for its invasion of Ukraine may be blunted by rising energy prices
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The European Union has agreed to slash Russian oil imports in a tough escalation of the bloc’s campaign of sanctions to punish Russia for its invasion of Ukraine
The European Union has agreed to slash Russian oil imports in a tough escalation of the bloc's campaign of sanctions to punish Moscow for its invasion of Ukraine. It's a landmark decision that will hit Russian coffers in the long term, but could also hurt consumers across the European continent.