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EU wrestles with Russia oil embargo as leaders gather

TED / YouTube

By LORNE COOK and SAMUEL PETREQUIN
Associated Press

BRUSSELS (AP) — European Union leaders are gathering in a new show of solidarity with Ukraine. But divisions over whether to target Russian oil in a new sanctions package are exposing the limits of how far the bloc can go to help the war-torn country. Ukrainian President Volodymyr Zelenskyy will address the 27 leaders by videoconference on Monday evening. He’s demanding that the EU target Russia’s lucrative energy sector and stop sending billions to Moscow in the form of supply payments. But Hungary is leading opposition to an oil embargo, backed by Slovakia, the Czech Republic and Bulgaria. EU officials are working on a plan to target only sea transported oil which would not hit the three countries.

Article Topic Follows: AP National Business

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Associated Press

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