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EU fails to agree on Russian oil ban as leaders gather for summit

The leaders of the 27 European Union countries will agree in principle to an oil embargo, a draft of their summit conclusions showed

Russia Ukraine conflict
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Activists demonstrate against Hungary’s veto of EU sanctions on Russian oil imports outside the Parliament building in Budapest on Monday. Photo: Reuters.

Reuters Brussels
EU countries failed to agree on a Russian oil import ban despite last-minute haggling before a summit got under way in Brussels on Monday, exposing a struggle to widen sanctions on Moscow over its war in Ukraine as the economic risk for Europe grows.

The leaders of the 27 European Union countries will agree in principle to an oil embargo, a draft of their summit conclusions showed, but they will leave the practical details and hard decisions until later.

The EU has rolled out five packages of sanctions against Russia since the conflict began more than three months ago, demonstrating uncharacteristic speed

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First Published: May 31 2022 | 1:42 AM IST

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