EU Prepares Ban on Russian Oil - The Wall Street Journal

The bloc’s executive is expected to propose a phased-in embargo on Russian oil, taking effect by year-end, after Germany came out in support of a ban.

The European Union is likely to propose ending purchases of Russian crude oil by the 27-country bloc before the end of 2022, and a ban on purchases of Russian refined-oil products by year-end, accord… [+330 chars]

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