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BBCNEWS The Context with Christian Fraser July 7, 2024

there s always talk about it being so unpolitical but ijust don t see how it is. tonight with the context, lord bilimoria president of the confederation of british industry and founder of cobra beer and ron christie former senior advisor to president george w bush. welcome to the programme. after weeks of dicussions, eu leaders have agreed on a partial embargo of russian oil imports. the plan is expected to affect up to 90% of russian oil imports by the end of the year. it will only affect oil that arrives by sea that s around two thirds of imports. but not pipeline oil, following strong opposition from hungary. first, this is the eu s foreign policy chief. we were in versaille bursae a few weeks ago, not many observers would ve thought it would ve been possible for us only in a few weeks to take such a concrete and historic decision. we have decided to sanction russia by banning russian oil, this is extremely important and we will succeed in the following month ....

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BBCNEWS The Context with Christian Fraser June 4, 2024 20:02:00

We were in versaille bursae a few weeks ago, not many observers would ve thought it would ve been possible for us only in a few weeks to take such a concrete and historic decision. we have decided to sanction russia by banning russian oil, this is extremely important and we will succeed in the following months to implement that decision and ursula is right when she said that it will break the financing of the russian war machine, this is our goal. kyiv had been calling for tougher sanctions from the eu on russian energy for months and it s clear to see why. every year the eu spends about $1i30 billion on russian energy. which has helped fund the russian war effort. russia currently supplies about 27% of the eu s oil. many countries in the eu are much more heavily reliant as you can see lithuania, finland, slovakia and poland all get more than half their oilfrom russia. then there s gas the eu relies on russia for 40% of it s gas imports. but remember, there are still no sanctions ....

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