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The Independent UK
The Independent UK
National
Thomas Kingsley

EU prepares oil sanctions against Russia as Hungary resists ban

Copyright 2022 The Associated Press. All rights reserved.

The European Union is preparing to announce a sixth tranche of sanctions against Russia this week including a possible ban on buying Russian oil.

Throughout the Ukraine war, Kyiv has been vocal that Russia's energy exports to Europe, so far largely exempt from international sanctions, are funding the Kremlin war effort with millions of euros every day

“This package should include clear steps to block Russia's revenues from energy resources,” Ukrainian president Volodymyr Zelensky said in his nightly video address.

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